Amends Michigan's Use Tax Act to reflect the elimination of the Michigan Strategic Fund.
The bill amends the Michigan Use Tax Act to reflect the elimination of the Michigan Strategic Fund. It modifies provisions related to the exemption of data center equipment from use tax, including the criteria for obtaining a certificate for an enterprise data center. The changes include adjustments to the reporting and certification requirements, the definition of terms such as "qualified data center" and "enterprise data center," and the conditions for maintaining the tax exemption.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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