Examples of Michigan economic growth authority in a sentence
The credit assignment under this subsection shall be made on a form prescribed by the Michigan economic growth authority.
The qualified taxpayer shall send a copy of the completed assignment form to the Michigan economic growth authority in the tax year in which the assignment is made.
A taxpayer shall not claim a credit under this section unless the Michigan economic growth authority has issued a certificate to the taxpayer.
The cost gap that exists between the site and a similar greenfield site as determined by the Michigan economic growth authority.
If a project is a multiphase project, when each component of the multiphase project is completed, the taxpayer shall submit documentation that the component is complete, an accounting of the cost of the component, and the eligible investment for the component of each taxpayer eligible for a credit for the project of which the component is a part to the Michigan economic growth authority or the designee of the Michigan economic growth authority, who shall verify that the component is complete.
The average number of full-time jobs at a facility of an authorized business for a tax year in excess of the average number of full-time jobs the authorized business maintained in this state prior to the expansion or location as that is determined under the Michigan economic growth authority act, 1995 PA 24, MCL 207.801 to 207.810.
This credit shall not exceed $15,000,000.00 per year as agreed to and certified by the Michigan economic growth authority.
The Michigan economic growth authority annually shall prepare and submit to the house of representatives and senate committees responsible for tax policy and economic development issues a report on the credits under former section 38g(3) of 1975 PA 228 and section 431 of the Michigan business tax act, 2007 PA 36, MCL 208.1431.
The credit assignment or a subsequent reassignment under this subsection shall be made on a form prescribed by the Michigan economic growth authority.
Eligible Next Michigan business" means that term as defined in section 3 of the Michigan economic growth authority act, 1995 PA 24, MCL 207.803.(j) "Eligible personal property" means that term as defined in section 3(e)( ii) or (iv) of the state essential services assessment act, 2014 PA 92, MCL 211.1053.(k) "Eligible taxpayer" means a taxpayer that meets both of the following conditions:(i) Is an authorized business.