PA 198: Industrial Facilities Exemption
Michigan Economic Development Corporation
Summary
The Plant Rehabilitation and Industrial Development Districts Act, (known as the Industrial Facilities Exemption) PA 198 of 1974, as amended, provides a tax incentive to manufacturers to enable renovation and expansion of aging facilities, assist in the building of new facilities, and to promote the establishment of high tech facilities.
Eligibility
See the official notice for full eligibility requirements.