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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

State or TerritoryMichigan
Effected JurisdictionMichigan
Jurisdiction type: State or Territory
Fiscal year ending In2020
Program nameState Essential Services Assessment Exemption
Program purpose: Manufacturing development
Statutory authority: Michigan Compiled Laws Section 211.1059
Abating jurisdiction(s): State of Michigan
Applicable taxesState Essential Services Assessment
Method of abatement: Tax Exemption
Provisions for recapture: The written agreement shall provide for a repayment provision on the exemption to the assessment if the eligible claimant fails to comply with the provisions of the written agreement.
Gross revenue loss: $5,500,000
Reimbursement / offset: $0
Net revenue loss: $5,500,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.michigan.gov/budget/fiscal-pages/reports/annual-comprehensiv...