{"data":{"id":"us-mi/mich.-comp.-laws-211.7vv","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 211.7vv","heading":"Transitional qualified forest property; tax exemption; property subject to tax under transitional qualified forest property specific tax act; definition.","body":"Sec. 7vv.\n\n(1) Transitional qualified forest property is exempt from the collection of taxes under this act for a period not longer than 5 years.\n\n(2) Property exempt from the collection of taxes under subsection (1) is subject to the specific tax levied under the transitional qualified forest property specific tax act.\n\n(3) As used in this section, \"transitional qualified forest property\" means that term as defined in the transitional qualified forest property specific tax act.","path":["MI Code","Chapter 211","Act Act-206-of-1893"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-211-7vv","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"4c1397fcdf0fef63d8e65bde27a67533b2643221866ce8de1b6307d1818463f7","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-211.7v","next":"us-mi/mich.-comp.-laws-211.7w"},"notice":"GroundRules: Original legal text. Not legal advice."}