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MI SB1133

Bill

Status

Passed

12/28/2022

Primary Sponsor

Wayne Schmidt

Click for details

Origin

Senate

101st Legislature

AI Summary

  • County registers of deeds collect a $4.00 fee for recording instruments through December 31, 2042, with the fee reducing to $2.00 beginning January 1, 2043.

  • Collected fees are remitted quarterly to the state treasurer and deposited into the survey and remonumentation fund, with counties retaining up to 1.5% to cover administrative costs.

  • Counties that expended funds to expedite completion of their county plan may use up to 50% of annual grant revenue to reimburse themselves for those expenditures.

  • Fee exemptions apply to state and federal agencies filing liens, individuals or entities recording liens under employment security or commercial code provisions, and foreclosing governmental units.

  • Effective immediately upon passage (December 22, 2022).

Legislative Description

Property: recording; register of deeds; modify collection of fees. Amends sec. 2567a of 1961 PA 236 (MCL 600.2567a).

Property: recording

Last Action

Assigned Pa 0271'22 With Immediate Effect

12/28/2022

Committee Referrals

Local Government And Municipal Finance9/28/2022
Economic And Small Business Development6/30/2022

Full Bill Text

No bill text available