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Property Tax Exemption Programs
Tool and Die Recovery Zones
Public Act 376 of 1996, as amended
The Tool and Die Recovery Zones program, MCL 125.2688d, as amended, authorizes the Michigan Strategic Fund Board to designate Tool and Die Recovery Zones to support the retention and growth of Michigan's tool and die industry through designated tax incentives.
This program is administered by the Michigan Economic Development Corporation (MEDC). Treasury provides this information as part of its Property Tax Exemptions and Incentives resources. Visit the Tool and Die Recovery Zones page for program information, eligibility requirements, and additional resources.
View Tool and Die Recovery Zones Program