Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

Code · Michigan · Chapter 18 — Department of Management and Budget

18.1753 Definitions.

385 words·~2 min read·/mi/chapter-18/18-1753

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

18.1753 Definitions.
Sec. 3.
As used in this act:
(a)"Contractor" means the private entity, nonprofit entity, or academic institution selected by the department under section 5 to evaluate certain economic development incentives.
(b)"Department" means the department of technology, management, and budget.
(c)"Economic development incentive" means the abatements, tax credits, exemptions, grants, loans, or loan guarantees related to economic development activities in this state as determined by the Michigan strategic fund provided under the following acts:
(i)The Michigan business tax act, 2007 PA 36, MCL 208.1101 to 208.1601.
(ii)The income tax act of 1967, 1967 PA 281, MCL 206.1 to 206.713.
(iii)1974 PA 198, MCL 207.551 to 207.572.
(iv)The commercial redevelopment act, 1978 PA 255, MCL 207.651 to 207.668.
(v)The enterprise zone act, 1985 PA 224, MCL 125.2101 to 125.2123.
(vi)1953 PA 189, MCL 211.181 to 211.182.
(vii)The technology park development act, 1984 PA 385, MCL 207.701 to 207.718.
(viii)Part 511 of the natural resources and environmental protection act, 1994 PA 451, MCL 324.51101 to 324.51120.
(ix)The neighborhood enterprise zone act, 1992 PA 147, MCL 207.771 to 207.786.
(x)The city utility users tax act, 1990 PA 100, MCL 141.1151 to 141.1177.
(xi)The city income tax act, 1964 PA 284, MCL 141.501 to 141.787.
(xii)The general property tax act, 1893 PA 206, MCL 211.1 to 211.155.
(xiii)The Michigan economic growth authority act, 1995 PA 24, MCL 207.801 to 207.810.
(xiv)The Michigan renaissance zone act, 1996 PA 376, MCL 125.2681 to 125.2696.
(xv)The obsolete property rehabilitation act, 2000 PA 146, MCL 125.2781 to 125.2797.
(xvi)The brownfield redevelopment financing act, 1996 PA 381, MCL 125.2651 to 125.2670.
(xvii)The Michigan strategic fund act, 1984 PA 270, MCL 125.2001 to 125.2094.
(xviii) Any new economic development programs as determined by the Michigan strategic fund.
(d)"Exclusive economic development incentive" means an economic development incentive that is intended to encourage a single specific entity, project, or associated projects to locate, expand, invest, or remain in this state or to hire or retain employees in this state as determined by the strategic fund.
(e)"The strategic fund" means the fund under the Michigan strategic fund act, 1984 PA 270, MCL 125.2001 to 125.2094.
History: 2018, Act 540 , Imd. Eff. Dec. 28, 2018
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.