{"data":{"id":"us-mi/mich.-comp.-laws-460.813","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 460.813","heading":"Exemption from taxation.","body":"Sec. 13.\n\nTo the extent of ownership by governmental units or joint agencies, projects undertaken pursuant to joint venture agreements authorized by article 2 or joint agency agreements authorized by article 3 of this act are exempt from assessment, collection, and levy of general or special taxes of the state or its political subdivisions. Income produced from municipal ownership in a joint venture or a joint agency shall be exempt from taxation by the state or its political subdivisions. A joint agency corporation formed under article 3 shall not be required to pay taxes upon its income, existence, or franchise. The bonds and notes issued by a municipality in a joint venture agreement or a joint agency corporation, their transfer and the income therefrom, including a profit made on the sale of the bonds or notes, shall be exempt from taxation within this state.","path":["MI Code","Chapter 460","Act Act-448-of-1976"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-460-813","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"c625e1249f5cdbb5cdf5484dc0718760c87e404d07997b9deefdf09f6337ef71","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-460.812","next":"us-mi/mich.-comp.-laws-460.814"},"notice":"GroundRules: Original legal text. Not legal advice."}