Industrial personal property definition

Industrial personal property means personal property that is classified as industrial personal property under section 34c or would be classified as industrial personal property under section 34c if not exempt from the collection of taxes under this act under this section or section 9m or 9n.
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Industrial personal property means, except as otherwise provided in subparagraph (iii), all of the following:
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Industrial personal property means personal property classified as industrial personal property under section 34c of the general property tax act, 1893 PA 206, MCL 211.34c.
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Examples of Industrial personal property in a sentence

  • July 23, 2004.Popular name: Act 206211.9k Industrial personal property or commercial personal property; tax exemption.Sec.

  • Industrial personal property does not include personal property that after 2012 was classified in the municipality where it is currently located as real property or utility personal property.

  • Section 211.9k ‑ Industrial personal property or commercial personal property; tax exemption.

  • Industrial personal property taxable values have varied substantially year- to-year.

  • The amount will be returned to CONTRACTOR when a satisfactory “Final Report-Utilization of Disadvantaged Business Enterprises (DBE), First-Tier Subcontractors” is submitted to the Contract Administrator.

  • The operating millage that applies to Commercial personal property was reduced by 12.0000 mills to a rate of 5.4672 mills starting with the 2008 tax levy, when the Legislature eliminated Industrial personal property tax and reduced mills on the Commercial personal property tax.


More Definitions of Industrial personal property

Industrial personal property means the following:
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Industrial personal property means personal property classified as industrial personal property under
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Industrial personal property means, except as otherwise
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Industrial personal property means personal property
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Related to Industrial personal property

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Eligible personal property means property that meets all of the following conditions:

  • Material Real Property means any fee owned real property of a Loan Party as of the Closing Date and/or acquired by any Loan Party after the Closing Date and located in the United States with a book value in excess of $25,000,000 (as reasonably determined by the Borrower in good faith as of the Closing Date or, if acquired thereafter, as of the date of such acquisition, as applicable).

  • Personal protective equipment means all equipment worn to minimize exposure to hazards, including gloves, masks, face shields, foot and eye protection, protective hearing devices, respirators, hard hats, and disposable gowns and aprons.