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:
Michigan
Reporting Jurisdiction:
Michigan
Jurisdiction type
:
State
:
Fiscal year ending In:
2018
Program name:
Renaissance Zone Credit - Development Program
Program purpose:
Economic development (EZ)
:
Statutory authority:
Public Act 39 of 2011 MCL Sections 125.2681 - 125.2696 and 208.1433
:
Abating jurisdiction(s):
State of Michigan
:
Applicable taxes:
Michigan Business Tax
Method of abatement:
Tax credit
:
Provisions for recapture:
Recapture conditions vary and only occur when expressly provided in the agreement signed by the taxpayer and MSF board.
:
Gross revenue loss:
$38,900,000
:
Reimbursement / offset:
$0
:
Net revenue loss:
$38,900,000
:
Type of loss:
Active
:
Additional notes on dislosure:
(none)
