Eligible manufacturing personal property definition

Eligible manufacturing personal property means that term as defined in section 9m.
Sample 1Sample 2Sample 3
Eligible manufacturing personal property means all personal property located on occupied real property if that personal property is predominantly used in industrial processing or direct integrated support. For personal property that is construction in progress and part of a new facility not in operation, eligible manufacturing personal property means all personal property that is part of that new facility if that personal property will be predominantly used in industrial processing when the facility becomes operational. Personal property that is not owned, leased, or used by the person who owns or leases occupied real property where the personal property is located is not eligible manufacturing personal property, unless the personal property is located on the occupied real property to carry on a current on-site business activity. Personal property that is placed on occupied real property solely to qualify the personal property for an exemption under this section or section 9n is not eligible manufacturing personal property. Utility personal property as described in section 34c(3)(e) and personal property used in the generation, transmission, or distribution of electricity for sale are not eligible manufacturing personal property. Personal property located on occupied real property is predominantly used in industrial processing or direct integrated support if the result of the following calculation is more than 50%:
Sample 1Sample 2Sample 3
Eligible manufacturing personal property means that term as defined in section 9m of the general property tax act, 1893 PA 206, MCL 211.9m.
Sample 1Sample 2Sample 3

Examples of Eligible manufacturing personal property in a sentence

  • Eligible manufacturing personal property could include both commercial personal property and industrial personal property.


More Definitions of Eligible manufacturing personal property

Eligible manufacturing personal property means all personal property located on occupied real property if that personal property is predominantly used in industrial processing or direct integrated support. For personal property that is construction in progress and part of a new facility not in operation, eligible manufacturing personal property means all personal property that is part of that new facility if that personal property will be predominantly used in industrial processing when the facility becomes operational. Personal
Sample 1Sample 2
Eligible manufacturing personal property means all personal property located on occupied real property if that personal property is predominantly used in industrial processing or direct integrated support.
Sample 1Sample 2Sample 3
Eligible manufacturing personal property means all personal property that is located on a parcel of real property if that personal property is used more than 50% of the time in industrial processing or in direct integrated support. The percentage of use of personal property in industrial process- ing or in direct integrated support shall be determined in the following manner: (i) Multiply the true cash value of each industrial item of personal property located on that parcel of real property by its percentage of use in industrial process- ing or in direct integrated support; (ii) Add the result of the calculation under subparagraph (i) for all personal property located on that parcel of real property; and (iii) Divide the result of the calculation under subparagraph (ii) by the total true cash value of all personal property located on that parcel of real property.
Sample 1

Related to Eligible manufacturing personal property

  • Current Good Manufacturing Practices or “cGMP” means applicable Good Manufacturing Practices as specified in the United States Code of Federal Regulations and/or the EU Good Manufacturing Guidelines, and any successor legislation from time to time, prevailing at the time of the manufacture of the Product.

  • Original component manufacturer means an organization that designs and/or engineers a part and is entitled to any intellectual property rights to that part.

  • Modular building manufacturer means a person or corporation who owns or operates a

  • Original equipment manufacturer means a company that manufactures products that it has designed from purchased components and sells those products under the company's brand name.

  • Original manufacturer means the original component manufacturer, the original equipment manufacturer, or the contract manufacturer.

  • Tobacco product manufacturer means an entity that after the date of enactment of this act directly (and not exclusively through any affiliate):

  • Field emission equipment means equipment which uses an x-ray tube in which electron emission from the cathode is due solely to the action of an electric field.