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MI SB0916
Bill
Status
5/12/2020
Primary Sponsor
Stephanie Chang
Click for details
AI Summary
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Allows foreclosing governmental units to temporarily suspend strict compliance with tax foreclosure redemption deadlines and extend redemption periods up to 30 days after a declared state of disaster or emergency ends, if the governor declares both a state of disaster under the 1976 Emergency Management Act and a state of emergency under 1945 PA 302 in response to a World Health Organization public health emergency declaration.
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Permits courts to amend foreclosure orders on principal residences issued under section 78k(5) during or before a governor's emergency declaration, upon motion of a foreclosing governmental unit made during an extended deadline period.
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Defines "principal residence" as property exempt as a principal residence under section 7cc of the general property tax act.
Legislative Description
Property tax; delinquent taxes; moratorium on foreclosures for individuals who comply with public health directive during a declared emergency; provide for. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 78t.
Civil procedure: foreclosure
Last Action
Referred To Committee On Finance
5/12/2020