SB0891 Summary

• Changes computation date for additional interest on forfeited property from March 1 preceding forfeiture to the actual date property was forfeited to the county treasurer.

• Replaces reference to "department of environmental quality" with "department of environment, Great Lakes, and energy" regarding notification of potential environmental contamination on forfeited property.

• Corrects internal citation reference from "section 78g(3)(b)" to "subsection (3)(b)" in payment reduction provisions.

• Extends tax payment reduction program through July 1, 2023 for property in participating local units of government, allowing reductions up to 10% of taxable value, cancellation of service charges and interest/fees, with specific participation requirements based on county population thresholds.