Michigan § 211.1123 - Definitions.
Full text of Michigan Michigan Compiled Laws § 211.1123 — Definitions., with citation guidance and answers to common questions.
§ 211.1123. Definitions.
As used in this act:
(a) "Department" means the department of treasury.
(b) "Eligible personal property" means personal property exempt under section 9p of the general property tax act, 1893 PA 206, MCL 211.9p, and qualified heavy equipment rental personal property acquired or brought into this state during the tax year by a qualified renter and rented from a qualified renter business location.
(c) "Fund" means the qualified heavy equipment rental personal property exemption reimbursement fund created in section 9(1).
(d) "Local tax collecting unit" means a township or city that assesses and collects property taxes pursuant to the general property tax act, 1893 PA 206, MCL 211.1 to 211.155.
(e) "Person" means an individual, corporation, limited liability company, partnership, association, or any other legal entity.
(f) "Qualified heavy equipment rental personal property", "qualified renter", "qualified renter business location", and "rent" or "rental" mean those terms as defined in section 9p of the general property tax act, 1893 PA 206, MCL 211.9p.
(g) "Qualified heavy equipment rental personal property specific tax" and "tax" mean the specific tax levied under section 5.
(h) "Rental price" means the total amount of the consideration for renting qualified heavy equipment rental personal property, excluding any separately stated charges, fees, and costs, such as delivery and pickup fees, damage waivers, environmental mitigation fees, sales or use taxes, or insurance.
(i) "Reporting periods" means the quarterly periods ending on March 31, June 30, September 30, and December 31 for which a qualified renter must report and remit the tax collected under this act.
Frequently Asked Questions About Michigan § 211.1123
What does Michigan Compiled Laws § 211.1123 cover?
Section 211.1123 ("Definitions.") 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 § 211.1123?
A common citation format is "Michigan Compiled Laws § 211.1123" (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 § 211.1123 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.