CERTIFIED ABANDONED PROPERTY
House Bill 4521 (Substitute H-1)
Sponsor: Rep. Patricia Lockwood
Committee: Local Government and
Urban Policy
Complete to 5-11-99
A SUMMARY OF HOUSE BILL 4521 (SUBSTITUTE H-1)
House Bill 4521 (Substitute H-1) would amend the General Property Tax Act to define certified abandoned property that would be subject to forfeiture, foreclosure, and sale; and, also to require that a county treasurer add a $35 fee on each parcel of certified abandoned property. Under the bill, the new provisions would apply for taxes levied after December 31, 1998.
Specifically, under House Bill 4521 (Substitute H-1), "certified abandoned property" would mean property that has been returned as delinquent to the county treasurer on March 1 of each tax year and is certified as certified abandoned property under the Certification of Abandoned Property for Accelerated Forfeiture Act (as proposed in House Bill 4490).
Further, the bill specifies that on the May 1 succeeding the March 1 that unpaid taxes are returned to the county treasurers as delinquent, the treasurers would be required to add a $35 fee on each parcel for which delinquent taxes, interest, penalties, and fees remained unpaid.
House Bill 4521 (Substitute H-1) is tie-barred to Senate Bill 343, which would create an urban homesteading program to make property available to eligible buyers to rent at fair market rental value; Senate Bill 487, which would provide that tax delinquent property would be subject to forfeiture, foreclosure, and sale; and Senate Bill 488, which would provide for accelerated certification of abandoned property. The bill would not become law unless all the bills were enacted.
MCL 211.79 and 211.79a
Analyst: J. Hunault