Michigan § 123.1356b - Calculation by municipality that is tax increment finance authority; form and manner; extension of calculation and reporting date; exclusion.
Full text of Michigan Michigan Compiled Laws § 123.1356b — Calculation by municipality that is tax increment finance authority; form and manner; extension of calculation and reporting date; exclusion., with citation guidance and answers to common questions.
§ 123.1356b. Calculation by municipality that is tax increment finance authority; form and manner; extension of calculation and reporting date; exclusion.
(1) Each municipality that is a tax increment finance authority shall report to the department the calculation required under section 16a on a form and in a manner prescribed by the department.
(2) If a municipality that is a tax increment finance authority fails to make the calculation and report it to the department by the date provided in section 16a, the department may extend the calculation and reporting date upon good cause as determined by the department.
(3) The department shall exclude from the calculations under sections 14, 15, and 16 the taxable value of property exempt under section 7ff of the general property tax act, 1893 PA 206, MCL 211.7ff, for millages subject to the exemption.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 123.1356b
What does Michigan Compiled Laws § 123.1356b cover?
Section 123.1356b ("Calculation by municipality that is tax increment finance authority; form and manner; extension of calculation and reporting date; exclusion.") 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 § 123.1356b?
A common citation format is "Michigan Compiled Laws § 123.1356b" (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 § 123.1356b 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.