Mich. Comp. Laws § 125.2119

Current through Public Act 156 of the 2024 Legislative Session
Section 125.2119 - Duration of exemption or credit

An exemption or credit granted to a qualified business shall continue until the certification of the qualified business is revoked, as provided in this act, or for 10 years from the date that the business is certified as a qualified business. Even if approval of an enterprise zone is revoked by the authority as provided in this act, an exemption or credit granted to a qualified business located in that enterprise zone shall continue until revoked or until the 10-year or other specified period elapses.

MCL 125.2119

1985, Act 224, Imd. Eff. 1/13/1986 ;--Am. 1994, Act 311, Imd. Eff. 7/20/1994.