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MI HB4783

MI HB4783
Property tax: special assessments; certain references in act providing for deferment of special assessments on certain homesteads; make gender neutral. Amends sec. 4 of 1976 PA 225 (MCL 211.764). TIE BAR WITH: HJR F'23


summary

Introduced
06/15/2023
In Committee
06/15/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

102nd Legislature

Bill Summary

A bill to amend 1976 PA 225, entitled"An act to defer the collection of special assessments on homestead properties; to provide for conditions of eligibility for such a deferment; to prescribe the powers and duties of the department of treasury, local assessing officers, and local collecting officers; to provide for the advancement of moneys by the state to indemnify special assessment districts for losses from deferment of collections; to provide for the advancement of money by the state to an owner for the repayment of loans used by the owner to pay special assessments; to provide for the collection of deferred special assessments and interest thereon, and the disposition of these collections; to make an appropriation; and to prescribe penalties,"by amending section 4 (MCL 211.764), as amended by 1980 PA 403.

AI Summary

This bill amends a 1976 law that defers the collection of special assessments on homestead properties in Michigan. The key provisions are: 1) an owner must apply to the local assessing officer for the deferment using an affidavit form, which must contain a statement about the state placing a lien on the property; 2) if the homestead is jointly owned, both spouses must sign the affidavit; 3) if the homestead is encumbered by a mortgage or land contract, the mortgagee or vendor must provide written consent for the deferment; and 4) the bill makes the language gender-neutral. The bill will only take effect if a related constitutional amendment is approved.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Bill Electronically Reproduced 06/15/2023 (on 06/20/2023)

bill text


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