IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 28 Mar 2017 | Removal date: 29 Mar 2032
Still in force

Tax or social insurance relief

In addition, MSF approved an exemption from the personal property tax for the automaker valued at $10.4 million over 15 years. The exclusion, referred to as the State Essential Services Assessment (SESA) Exemption, serves as an incentive for projects with more than $25 million in eligible manufacturing personal property.

MSF also approved a 15-year SESA exemption valued at $7.25 million in the city of Wayne, and a 15-year SESA exemption valued at $1.3 million in the village of Romeo.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

431 Engines & turbines & parts
8407 Sparkignition reciprocating or rotary internal combustion piston engines.
840734 Of a cylinder capacity exceeding 1,000 cc
491 Motor vehicles, trailers & semi-trailers; parts
8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars.
870323 Of a cylinder capacity exceeding 1,500 cc but not exceeding 3,000 cc
870324 Of a cylinder capacity exceeding 3,000 cc
870332 Of a cylinder capacity exceeding 1,500 cc but not exceeding 2,500 cc
870333 Of a cylinder capacity exceeding 2,500 cc
870390 Other

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