Michigan § 3.227 - Basis for determination of amount of payment.
Full text of Michigan Michigan Compiled Laws § 3.227 — Basis for determination of amount of payment., with citation guidance and answers to common questions.
§ 3.227. Basis for determination of amount of payment.
The amount of any payment of sums in lieu of taxes may be based on the estimated cost to each political subdivision, for and on whose behalf an agreement is entered into, of performing services for the benefit of a project during the period of an agreement, after taking into consideration the benefits to be derived by each political subdivision from such project, but shall not be in excess of the taxes which would result to each political subdivision for said period if the real property of the project within each political subdivision were taxable.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 3.227
What does Michigan Compiled Laws § 3.227 cover?
Section 3.227 ("Basis for determination of amount of payment.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 3.227?
A common citation format is "Michigan Compiled Laws § 3.227" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 3.227 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.