Section 207.602 - Approval of certificate; condition. - Michigan Statutes

COMMERCIAL HOUSING FACILITIES EXEMPTION CERTIFICATES (EXCERPT)
Act 438 of 1976

207.602 Approval of certificate; condition.

Sec. 2.

A local governmental unit, by resolution of its legislative body, may approve commercial housing facilities exemption certificates, if at the time of adoption of the resolution the local governmental unit has established a downtown development district pursuant to Act No. 197 of the Public Acts of 1975, as amended, and levies an income tax.

History: 1976, Act 438, Imd. Eff. Jan. 13, 1977 ;-- Am. 1980, Act 42, Imd. Eff. Mar. 17, 1980