MI HB6178

Amends the General Property Tax Act to modify interest calculations on delinquent property taxes returned to county treasurers for collection.

Changes the interest rate on delinquent taxes from a fixed rate to "not more than 1% per month or fraction of a month," allowing county boards of commissioners to determine the specific rate by resolution.

Maintains the 4% county property tax administration fee and establishes a minimum interest charge of $1.00 on delinquent properties.

Allows persons with unrecorded property interests to pay an annual fee (not exceeding $5.00) to receive notice of delinquent tax returns, and allows mortgage holders to pay up to $1.00 per parcel annually for similar notice.

Permits local governmental units to establish ordinances for collecting delinquent taxes and enforcing tax liens, provided procedures conform to state law minimums, with an exception for taxes under approved payment plans as of July 1, 1999.