Michigan SB0793 amends the Industrial Facilities Exemption Act to modify tax exemption certificates for industrial facilities.
Michigan SB0793 amends the Industrial Facilities Exemption Act to modify provisions for industrial facilities exemption certificates. The bill specifies conditions for issuing certificates, including requirements for new and replacement facilities, and outlines procedures for applications and approvals by local governmental units and the Michigan Strategic Fund. It also details the effective dates for certificates and conditions under which certificates may be revoked or amended.
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