MI SB1007

Modifies special assessment liens to attach only to individual installments rather than the entire assessment when township boards authorize installment payment plans under section 7(1)

Specifies that liens for installments only attach to property when that specific installment becomes due, rather than upon confirmation of the assessment roll

Establishes that special assessment liens maintain the same character and effect as township tax liens and include accrued interest and penalties

Allows property owners experiencing financial hardship to defer partial or total special assessment payments for improvements in specified categories, with deferred amounts constituting a recorded lien against the property

Requires township boards to enact ordinances defining hardship and permitting deferred or partial payment options for special assessments