Bill
HB 4675
State finance: authorities; land bank fast track act taxable status; modify. Amends secs. 4, 13 & 14 of 2003 PA 258 (MCL 124.754 et seq.).
Expands tax/fee exemptions for land bank authorities: exempt from all taxes, special assessments, and user fees unless an express service contract is in place; debt income exempt.