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Home » Assessing Department » Industrial Facilities Tax Exemption Certificate (IFEC) Program

Industrial Facilities Tax Exemption Certificate (IFEC) Program

Public Act 198 of 1974 was enacted in Michigan as an incentive program to stimulate economic growth. The Charter Township of Shelby supports and encourages industrial development in the community through the use of the incentives contained within this Act. The goals of this program are to encourage investment in the community that will both create jobs and prevent a loss of employment in the community. The program involves the Board approving an Industrial Facilities Tax Exemption Certificate (IFEC) on new real property improvements in the Township. Land does not qualify under the act for an IFEC. The Township will not approve new personal property IFEC's because starting in 2016, these assets should qualify as "Qualified New Personal Property" and will be eligible for a 100% exemption for "Eligible Manufacturing Personal Property". The State Tax Commission (STC) is responsible for the review and issuance of all approved IFEC's.

The specific requirements of all IFEC applicants are outlined in the attached Shelby Township IFEC Guidelines. If you have questions about this industrial property tax exemption program, contact the Township Assessor at mschmidt@shelbytwp.org or at (586) 803-2000.