Section 211.1096 – Transitional Qualified Forest Property Specific Tax; Levy; Amount; Determination; Payment; Disbursement; Form; Fee; Rescission of Exemption; Failure to File Rescission; Penalty.
211.1096 Transitional qualified forest property specific tax; levy; amount; determination; payment; disbursement; form; fee; rescission of exemption; failure to file rescission; penalty. Sec. 6. (1) There is levied upon the owner of each parcel or transitional qualified forest property a specific tax to be known as the transitional qualified forest property specific tax. (2) The […]
Section 211.1097 – Unpaid Taxes; Manner of Forfeiture, Foreclosure, and Sale.
211.1097 Unpaid taxes; manner of forfeiture, foreclosure, and sale. Sec. 7. Unpaid transitional qualified forest property specific taxes are subject to forfeiture, foreclosure, and sale in the same manner and at the same time as taxes returned as delinquent under the general property tax act, 1893 PA 206, MCL 211.1 to 211.155. History: 2016, Act […]
Section 211.1098 – Forestland Determined Not to Be Transitional Qualified Forest Property; Notice to Local Tax Collecting Unit; Placement of Property on Tax Roll; Corrected Tax Bill; Property Eligible for 5 Years and Still Eligible Under MCL 211.7jj[1].
211.1098 Forestland determined not to be transitional qualified forest property; notice to local tax collecting unit; placement of property on tax roll; corrected tax bill; property eligible for 5 years and still eligible under MCL 211.7jj[1]. Sec. 8. (1) If forestland that was subject to the transitional qualified forest property specific tax is not transitional […]
Section 211.1099 – Property Converted by Change in Use; Notification; Form; Rescission of Exemption; Placement of Property on Tax Roll; Collection of Tax and Penalty; Collection of Amount Equal to Application and Fee That Would Have Been Assessed Under MCL 324.51108.
211.1099 Property converted by change in use; notification; form; rescission of exemption; placement of property on tax roll; collection of tax and penalty; collection of amount equal to application and fee that would have been assessed under MCL 324.51108. Sec. 9. If all or a portion of transitional qualified forest property is converted by a […]
Section 211.1100 – Forest Practice or Harvest; Report.
211.1100 Forest practice or harvest; report. Sec. 10. An owner of transitional qualified forest property shall report to the department on a form prescribed by the department when a forest practice or timber harvest has occurred on the transitional qualified forest property during a calendar year. The report shall indicate the forest practice completed and […]
Section 211.1101 – Documents; Retention by Owner; Availability to Department; Maintenance of Database; Property Determined Not to Be Transitional Qualified Forest Property; Conditions; Notice; Placement on Tax Roll; Certain Information Exempt From Disclosure.
211.1101 Documents; retention by owner; availability to department; maintenance of database; property determined not to be transitional qualified forest property; conditions; notice; placement on tax roll; certain information exempt from disclosure. Sec. 11. The owner of transitional qualified forest property shall retain the current management plan, most recent harvest records, recorded copy of a receipt […]
Section 211.1121 – Short Title.
211.1121 Short title. Sec. 1. This act may be cited as the “qualified heavy equipment rental personal property specific tax act”. History: 2022, Act 35, Eff. Mar. 23, 2022
Section 211.1123 – Definitions.
211.1123 Definitions. Sec. 3. As used in this act: (a) “Department” means the department of treasury. (b) “Eligible personal property” means personal property exempt under section 9p of the general property tax act, 1893 PA 206, MCL 211.9p, and qualified heavy equipment rental personal property acquired or brought into this state during the tax year […]
Section 211.1125 – Qualified Heavy Equipment Rental Personal Property Specific Tax; Levy; Amount; Collection and Remission by Qualified Renter; Exception; Rate Adjustment.
211.1125 Qualified heavy equipment rental personal property specific tax; levy; amount; collection and remission by qualified renter; exception; rate adjustment. Sec. 5. (1) Beginning January 1, 2023, in addition to all other taxes, the qualified heavy equipment rental personal property specific tax is levied on each transaction of a qualified renter for renting eligible personal […]
Section 211.1127 – Collection and Administration of the Specific Tax; Submission of Completed Statement and Payment; Notice; Penalties; Rescission; Books and Records; Appeal Process.
211.1127 Collection and administration of the specific tax; submission of completed statement and payment; notice; penalties; rescission; books and records; appeal process. Sec. 7. (1) The department shall collect and administer the tax as provided in this section. (2) Not later than March 31 each year beginning in 2023, the department shall make available a […]