MI SB0731

Requires the treasurer to record a jeopardy assessment affidavit with the county register of deeds no later than the next business day after the affidavit is signed.

Affidavit must be recorded using the same process as uniform commercial code financing statements under 1962 PA 174.

Treasurer must notify the assessed taxpayer of the recording by mailing notice with a copy of the affidavit to the property location or last known address.

Upon recording, the jeopardy assessment becomes immediately due and payable and creates a lien on the personal property identical to liens under the general property tax act.

The act takes effect 90 days after enactment, with the effective date of September 18, 2018.