Michigan HB5869 amends the solar energy facilities tax to exempt certain facilities in HOPE zones from the tax.

Michigan HB5869 amends the solar energy facilities tax to exempt qualified facilities located in HOPE zones from the tax. This amendment aligns with the provisions of the Michigan renaissance zone act and the helping opportunity prosper everywhere (HOPE) zone act. The tax, which is levied on the owner or lessee of a qualified facility, is reduced or exempted based on specific conditions such as the property's use or location. The bill also ties its enactment to other specified bills of the 103rd Legislature.

Michigan HB5869 amends the solar energy facilities tax to exempt certain facilities in HOPE zones from the tax.

Michigan HB5869 amends the solar energy facilities tax to exempt qualified facilities located in HOPE zones from the tax. This amendment aligns with the provisions of the Michigan renaissance zone act and the helping opportunity prosper everywhere (HOPE) zone act. The tax, which is levied on the owner or lessee of a qualified facility, is reduced or exempted based on specific conditions such as the property's use or location. The bill also ties its enactment to other specified bills of the 103rd Legislature.