What defines Eligible Manufacturing Personal Property (EMPP)?

Eligible Manufacturing Personal Property (EMPP) is defined specifically as property that is located on occupied real property and is utilized in industrial processing or is necessary for creating or manufacturing tangible personal property for sale. This definition is grounded in the purpose of EMPP to support manufacturing activities, which are crucial for economic development.

By focusing on utility in the context of industrial processes, the criteria ensure that EMPP is distinctly related to manufacturing activities, which allows for specific tax benefits under Michigan law. This definition excludes property used for other purposes, such as commercial resale, service-oriented businesses, or any personal property that does not meet the manufacturing criteria outlined in legislation. Therefore, the correct identification of EMPP is foundational for understanding which types of personal property qualify for exemptions or reductions in property tax in Michigan.