SB484 — Property tax: exemptions; exemption of certain tax delinquent property sold or otherwise conveyed by a foreclosing governmental unit; provide for. Amends sec. 7gg of 1893 PA 206 (MCL 211.7gg). TIE BAR WITH: SB 485'25

SB484 — Property tax: exemptions; exemption of certain tax delinquent property sold or otherwise conveyed by a foreclosing governmental unit; provide for. Amends sec. 7gg of 1893 PA 206 (MCL 211.7gg). TIE BAR WITH: SB 485'25 · Informed CitizenryThis bill amends MCL 211.7gg regarding property tax exemptions. It states that property held by a land bank fast track authority is exempt from taxes under this act. Furthermore, real property sold…Open in Informed Citizenry