A bill to amend 1976 PA 225, entitled “An act to defer the collection of special assessments on homestead properties; to provide for conditions of eligibility for such a deferment; to prescribe the powers and duties of the department of treasury, local assessing officers, and local collecting officers; to provide for the advancement of moneys by the state to indemnify special assessment districts for losses from deferment of collections; to provide for the advancement of money by the state to an owner for the repayment of loans used by the owner to pay special assessments; to provide for the collection of deferred special assessments and interest thereon, and the disposition of these collections; to make an appropriation; and to prescribe penalties,” by amending section 4 (MCL 211.764), as amended by 1980 PA 403.
This legislation focuses on deferring the collection of special assessments on homestead properties, outlining eligibility conditions, and detailing the roles of the Department of Treasury, local assessing officers, and collecting officers. It includes provisions for state financial support to both special assessment districts and homeowners affected by deferment.
Introduced
by
Referred to the Committee on Government Operations
