January 18, 2018, Introduced by Reps. Leutheuser and Frederick and referred to the Committee on Commerce and Trade.
A bill to amend 2005 PA 210, entitled
"Commercial rehabilitation act,"
by amending section 12 (MCL 207.852).
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 12. (1) The legislative body of the qualified local
governmental unit may, by resolution, revoke the commercial
rehabilitation exemption certificate of a facility if it finds that
the completion of rehabilitation of the qualified facility has not
occurred within the time authorized by the legislative body in the
exemption certificate or a duly authorized extension of that time,
or that the holder of the commercial rehabilitation exemption
certificate has not proceeded in good faith with the operation of
the qualified facility in a manner consistent with the purposes of
this act and in the absence of circumstances that are beyond the
control of the holder of the exemption certificate.
(2) Upon receipt of a request by certified mail to the
legislative body of the qualified local governmental unit by the
holder of a commercial rehabilitation exemption certificate
requesting revocation of the certificate, the legislative body of
the qualified local governmental unit shall by order revoke the
certificate in whole or revoke the certificate with respect to its
real property component, or its personal property component,
whichever is requested.
(3) Upon the written request of the holder of a revoked
commercial rehabilitation exemption certificate to the legislative
body of the qualified local governmental unit and the commission or
upon the application of a subsequent owner to the legislative body
of the qualified local governmental unit to transfer the revoked
commercial rehabilitation exemption certificate to a subsequent
owner, and the submission to the commission of a resolution of
concurrence by the legislative body of the qualified local
governmental unit in which the qualified facility is located, and
if the qualified facility continues to qualify under this act, the
commission may reinstate a revoked commercial rehabilitation
exemption certificate for the holder or a subsequent owner that has
applied for the transfer.