Michigan Administrative Code — Department of Treasury (tax rules)
Mich. Admin. Code R 209.101 — New personal property exemption
Rule 101. (1) An applicant shall apply for new personal property tax exemption
shall be made on a form prescribed by and furnished by the commission. A
complete application and any explanatory documents as determined by the
commission shall be filed with the commission. A local legislative body shall not
approve an application unless it meets the requirements of 1998 PA 328, MCL
211.9f.
Courtesy of Michigan Administrative Rules
(2) An exemption for new personal property issued by the commission shall relate
to all new personal property placed within the eligible district after the date of the
resolution approved by the local jurisdiction.
(3) A new personal property exemption will not be issued for a property that is
already included on another specific tax roll. Property covered under a new personal
property exemption may not be included on any other specific tax roll while receiving
the new personal property exemption.
Source: official text