Assessor; Determining Value of New Facility - Mich. Comp. Laws Section 207.608
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Michigan Laws > Taxation > Assessor; Determining Value of New Facility - Mich. Comp. Laws Section 207.608
207.608 Assessor; determining value of new facility.
Sec. 8.
The assessor of each city or township in which there is a new facility for which 1 or more commercial housing facilities exemption certificates are issued and in effect shall determine annually as of December 31 the value of each new facility separately, both for real and personal property, having the benefit of the certificates. Upon receipt of notice of the filing of an application for the issuance of a commercial housing facilities exemption certificate, the assessor of each city or township shall determine and furnish to the local legislative body and the commission the value of the property to which the application pertains and other information necessary to permit the local legislative body and the commission to make the determination required by section 7(1).
History: 1976, Act 438, Imd. Eff. Jan. 13, 1977
Section: 207.601 207.602 207.603 207.604 207.605 207.606 207.607 207.608 207.609 207.610 207.611 207.612 207.613 207.614 207.615
Last modified: March 17, 2013
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