2006 Senate Bill 1409 ↩
House Roll Call 1259:
Passed
To define the procedures for the treatment in a delinquent property tax foreclosure action of subsurface oil and gas rights that previously had been severed (sold) from the above-ground property. In a recent case (Antrim County Treasurer v. Michigan, SC docket No. 127212), the state Supreme Court upheld a trial court ruling that oil and gas interests are exempt from local government foreclosure. The bill would establish that the oil and gas rights are not exempt from foreclosure unless a severance deed has been recorded with the county register of deeds within the past 20 years.