Bill Text: MI SB0602 | 2015-2016 | 98th Legislature | Introduced
Bill Title: Liens; other; state tax liens; modify fee for recording or filing and indexing liens and notices. Amends sec. 5 of 1968 PA 203 (MCL 211.685). TIE BAR WITH: SB 0599'15
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: (Passed) 2016-09-06 - Presented To Governor 6/14/2016 @ 11:52 Am [SB0602 Detail]
Download: Michigan-2015-SB0602-Introduced.html
SENATE BILL No. 602
November 4, 2015, Introduced by Senators ZORN, MACGREGOR, HERTEL and BOOHER and referred to the Committee on Banking and Financial Institutions.
A bill to amend 1968 PA 203, entitled
"State tax lien registration act,"
by amending section 5 (MCL 211.685).
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec.
5. (1) (a) The
fee for recording or filing and indexing
each
a notice of lien or certificate or notice affecting
the tax
lien is as follows:
(a) (1)
For a tax lien, on
real estate or on tangible and
intangible property, the same fee provided by law for recording a
real estate mortgage.
(2)
For a tax lien on tangible and intangible personal
property,
$1.00.
(b) (3)
For a certificate of discharge or
subordination, the
same fee provided by law for recording a discharge of a real estate
mortgage.
(c) (4)
For all other notices, including a
certificate of
release
or nonattachment, $1.00.the
same fee provided by law for
recording a real estate mortgage.
(2) (b)
A register of deeds shall bill the
state collecting
agencies on a monthly basis for fees for documents filed by
them.the agencies, unless alternative payment
methods are
established.
(3) (c)
No The secretary of state
shall not charge or collect
a
fee shall apply or be collected for
filing and recording an
instrument
presented for filing and recording to the secretary of
state
by a state collecting agency.
