Eligible manufacturing personal property definition

Eligible manufacturing personal property means that term as defined in section 9m.
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Eligible manufacturing personal property means that term as defined in section 9m of the general property tax act, 1893 PA 206, MCL 211.9m.
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Eligible manufacturing personal property means all personal property located on occupied real property if that personal property is predominantly used in industrial processing or direct integrated support. For personal property that is construction in progress and part of a new facility not in operation, eligible manufacturing personal property means all personal property that is part of that new facility if that personal property will be predominantly used in industrial processing when the facility becomes operational. Personal property that is not owned, leased, or used by the person who owns or leases occupied real property where the personal property is located is not eligible manufacturing personal property, unless the personal property is located on the occupied real property to carry on a current on-site business activity. Personal property that is placed on occupied real property solely to qualify the personal property for an exemption under this section or section 9n is not eligible manufacturing personal property. Utility personal property as described in section 34c(3)(e) and personal property used in the generation, transmission, or distribution of electricity for sale are not eligible manufacturing personal property. Personal property located on occupied real property is predominantly used in industrial processing or direct integrated support if the result of the following calculation is more than 50%:
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Examples of Eligible manufacturing personal property in a sentence

  • Sorting, distributing, or sequencing functions that optimize transportation and just-in-time inventory management and material handling for inputs to industrial processing.(c) "Eligible manufacturing personal property" means all personal property located on occupied real property if that personal property is predominantly used in industrial processing or direct integrated support.

  • Eligible manufacturing personal property could include both commercial personal property and industrial personal property.

  • Eligible manufacturing personal property subject to an IFT certificate, approved prior to December 31, 2012, that has been extended beyond its original expiration date under MCL 207.561a (rare).

  • Eligible manufacturing personal property subject to a P.A. 328 certificate that has been extended beyond its original expiration date under MCL 211.9f(8) (rare).


More Definitions of Eligible manufacturing personal property

Eligible manufacturing personal property means all personal property located on occupied real property if that personal property is predominately used in industrial processing or direct integrated support. For personal property that is construction in progress and part of a new facility not in operation, "eligible manufacturing personal property" means all personal property that is part of that new facility if that personal property will be predominately used in industrial processing when the facility becomes operational.)
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Eligible manufacturing personal property means all personal property that is located on a parcel of real property if that personal property is used more than 50% of the time in industrial processing or in direct integrated support. The percentage of use of personal property in industrial process- ing or in direct integrated support shall be determined in the following manner: (i) Multiply the true cash value of each industrial item of personal property located on that parcel of real property by its percentage of use in industrial process- ing or in direct integrated support; (ii) Add the result of the calculation under subparagraph (i) for all personal property located on that parcel of real property; and (iii) Divide the result of the calculation under subparagraph (ii) by the total true cash value of all personal property located on that parcel of real property.
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Related to Eligible manufacturing personal property

  • City-based manufacturer means a person who: (i) holds any appropriate city license; (ii) is subject to applicable city taxes; and (iii) owns, operates, or leases a manufacturing facility within the city.

  • Manufacturing Facility means buildings and structures, including machinery and equipment, the primary purpose of which is or will be the manufacture of tangible goods or materials or the processing of such goods or materials by physical or chemical change.

  • Eligible personal property means property that meets all of the following conditions:

  • Massive Multiauthor Collaboration Site (or “MMC Site”) means any World Wide Web server that publishes copyrightable works and also provides prominent facilities for anybody to edit those works. A public wiki that anybody can edit is an example of such a server. A “Massive Multiauthor Collaboration” (or “MMC”) contained in the site means any set of copyrightable works thus published on the MMC site.

  • Modular building manufacturer means a person or corporation who owns or operates a

  • Covered Equipment means, unless otherwise specified in a Schedule, Covered Property:

  • Non-Participating Clinical Laboratory means a Clinical Laboratory which does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan provide services to you at the time services are rendered.