Industrial Property Tax Abatement      P.A. 198

The granting of property tax incentives under the act is a local option left up to the discretion of the legislative body of the local government (city, township or village) where a facility is or will be located.

Under the P.A. 198, a manufacturer is eligible to receive exemption from real and personal property taxes of 50 percent of the SEV for up to 12 years.

It's a two-step process - local and state - and applications must be filed no later than six months after the start of a project.

 Application for Industrial Facilities Tax Exemption Certificate

Contact the Livingston Economic Development Corporation for more information.