Michigan SB0423 eliminates certain delinquent tax payment reduction and foreclosure avoidance programs.
Michigan SB0423 amends sections 78g and 78q of the Michigan Compiled Laws to eliminate certain delinquent tax payment reduction and foreclosure avoidance programs. The bill specifies that these programs, which allow for reduced payments and avoidance of foreclosure for delinquent taxes, will sunset. It details the conditions under which these programs can be applied, including the types of properties eligible for such reductions and the terms under which they can be implemented.
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