Alternative Energy Personal Property Tax Exemption

This tax exemption applies not only to companies engaged in the manufacturing or research and development of alternative energy technologies, but also to end-users. "Alternative energy personal property" certified by the Next Energy Authority and located within a specified "Next Energy Zone" is exempt from the collection of personal property taxes. The exemption applies to alternative energy systems, the personal property of an alternative energy technology business, or personal property used solely for the purpose of researching, developing, or manufacturing alternative-energy technologies.

Property must be new to Michigan (i.e., not previously taxed or exempted from taxation), and does not include real property, such as land and buildings. Local school districts and other tax collecting entities may adopt resolutions disallowing the exemption of the property from certain taxes within 60 days of the time a company or end-user receives notification of certification of alternative energy personal property.