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MI SB1073
Bill
AI Summary
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Exempts land bank authorities from user fees imposed by local units of government, in addition to existing exemptions from taxes and special assessments.
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Clarifies that authorities have complete control over property and are not subject to local charter, ordinance, or resolution restrictions enacted after January 5, 2004, except for zoning and land use controls.
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Updates reference to zoning laws from the city and village zoning act (1921 PA 207) to the Michigan zoning enabling act (2006 PA 110).
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Specifies that land bank authorities assume governmental immunity and legal defenses previously held by the state or local units of government when receiving tax-reverted property.
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Makes the amendments retroactively effective beginning January 5, 2004.
Legislative Description
State financing and management: authorities; land bank fast track act taxable status; modify. Amends secs. 4, 13 & 14 of 2003 PA 258 (MCL 124.754 et seq.).
State financing and management: authorities
Last Action
Placed On Order Of General Orders
9/28/2022