Section 208.1446 - [Repealed 12/31/2031] Ownership, operation, or control of exhibition open to public; tax credit(1) Beginning in 2009, a qualified taxpayer may claim a credit against the tax imposed by this act equal to the following: (a) In 2009, the qualified taxpayer's tax liability under this act or $500,000.00, whichever is less.(b) In 2010 and each year thereafter, the qualified taxpayer's tax liability under this act or $250,000.00, whichever is less.(2) As used in this section, "qualified taxpayer" means a taxpayer that owns, operates, or controls an exhibition in this state that is open to the public and satisfies all of the following:(a) Promotes, advertises, or displays the design or concept of products that are designed, manufactured, or produced, in whole or in part, in this state and are available for sale to the general public.(b) The exhibition uses more than 100,000 square feet of floor space.(c) Is open to the general public for at least 7 consecutive days in a calendar year.(d) Attendance during the entire exhibition exceeds 500,000.(e) Has more than 3,000 credentialed journalists, including international journalists, who attend the exhibition.Repealed by 2019, Act 90,s 7, eff. 12/31/2031.Repealed by 2011, Act 39,s 7, eff. on the date that the secretary of state receives a written notice from the department of treasury that the last certificated credit or any carryforward from that certificated credit has been claimed.Added by 2008, Act 507,s 1, eff. 1/13/2009.Repealed effective 12/31/2031 -- Enacting section 1 of 2019, Act 90 provides: "The Michigan business tax act, 2007 PA 36, MCL 208.1101 to 208.1601, is repealed effective for tax years that begin after December 31, 2031."Contingent repeal -- See Enacting section 1 of 2011, Act 39,s 7