MI HB4050

Excludes delinquent water bills and other utility bills from property tax forfeiture and foreclosure proceedings, unless water or utility bill collections are pledged as repayment for public bonds or notes issued before the amendment's effective date.

Establishes that delinquent taxes subject to property forfeiture include interest, penalties, fees, and unpaid special assessments due up to the foreclosure hearing date.

Sets a county property tax administration fee of 4% plus 1% monthly interest (noncompounded) on originally delinquent taxes, with a minimum fee of $1.00.

Allows persons with unrecorded property interests to pay an annual fee (not to exceed $5.00) to receive notice of delinquent tax returns on specific parcels; mortgage holders may pay up to $1.00 per parcel for similar notice.

Permits local government units to establish ordinances for delinquent tax collection procedures that conform to state law requirements, with exception for taxes under approved payment plans as of July 1, 1999.