Michigan Compiled Laws Act 225 Of 1976 Deferment Of Special Assessments On Homesteads (211.761 - 211.770)

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.

History: 1976, Act 225, Imd. Eff. Aug. 4, 1976 ;-- Am. 1976, Act 437, Imd. Eff. Jan. 13, 1977 ;-- Am. 1980, Act 403, Imd. Eff. Jan. 8, 1981

Section 211.761 Definitions.
As used in this act: (a) “Department” means the department of treasury. (b) “Totally and permanently disabled” means a person as defined in 42...
Section 211.762 Deferment Of Special Assessments On Homesteads; Conveyance Or Transfer Of Or Contract To Sell Homestead; Termination Of Deferment; Interest Charge; Notice.
(1) The payment of special assessments assessed and due and payable on a homestead in any year in which the owner meets all of...
Section 211.763 Deferment Of Special Assessments On Homesteads; Eligibility; Limitation On Household Income; Gross Amount Of Special Assessment; Maximum Dollar Amount Of Household Income; Adjustment; Reacquisition Of Property Purchased Through Tax Sale; Land Contract As Special Assessment; Borrowing Money From Lending Institution To Pay Special Assessment; Repayment From Special Revolving Fund; Lien.
(1) An owner of a homestead who is 65 years of age or older or who is totally and permanently disabled, a citizen of...
Section 211.764 Application For Deferment; Affidavit Form; Signature; Contents; Consent Of Mortgagee Or Land Contract Vendor; Filing.
An owner may apply to the local assessing officer for deferment of the payment of special assessments on the owner's homestead. The application shall...
Section 211.765 Examination Of Affidavit By Local Assessing Officer; Inspections, Investigations, And Surveys; Compelling Information; Decision; Notice; Finality.
Upon receipt of the affidavit, the local assessing officer shall promptly examine it to determine if the applicant meets the requirements of this act...
Section 211.766 Payment Of Special Assessment By Department To Indemnify Local Special Assessment Districts; Lien; Notice To County Treasurer; Record; Delinquent Tax Roll Requirements; Distribution Of Amount Received From Department; Notation On Current Tax Roll.
The department shall pay the entire balance owing, including delinquent amounts, of the special assessment of an applicant who qualifies under this act. The...
Section 211.767 Duties Of City, Township, Or Village Treasurer; Collection Of Special Assessments.
The treasurer of any city, township, or village, required by Act No. 206 of the Public Acts of 1893, as amended, being sections 211.1...
Section 211.768 Termination Of Deferment; Collection Procedures; Collection Fees, Interest, Penalties, And Other Charges Inapplicable; Amount Of Lien For Deferred Special Assessments.
Upon termination of the deferment of special assessments under this act, the collection procedures of Act No. 206 of the Public Acts of 1893,...
Section 211.768a Payment Of Deferred Special Assessments; Interest; Notice; Lien To Include Interest; Refund; Reapplication For Reinstitution Of Previously Deferred Special Assessment.
(1) Except for an owner or owner's estate qualifying for deferment of special assessments under this act before January 8, 1981, the payment of...
Section 211.769 Reimbursement Of Department For Sums Advanced.
Upon receipt of payment of special assessments deferred under this act, the collecting officer shall forthwith transmit the amount received to the department as...
Section 211.770 Special Revolving Fund.
(1) There is created a special revolving fund within the department to pay special assessments under this act and the sum of $3,000,000.00 of...

Last modified: October 10, 2016