The Michigan House today passed the “Taxpayer Home Protection Act,” a bill that would help homeowners at risk of losing their homes to tax foreclosure get extensions and exemptions on their property taxes. It would also change the law so that nonpayment of utility bills would no longer trigger foreclosures.
The legislation “aims to streamline the process of struggling homeowners applying for an exemption to the property tax, and adds additional notification requirements so homeowners at risk know exactly when their property could be foreclosed on and what forms of assistance are available to them,” according to a Democratic press release.
The bill was sponsored by Rep. Tim Melton, D-Pontiac. “This plan is not intended to bail out residents who simply don’t pay their property taxes. It is meant to help residents understand this process and make them aware of their available options.”
According to a statement from the office of House Majority Floor Leader Steve Tobocman, D-Detroit:
House Republicans voted to deny the bill immediate effect, a technical procedure that would delay the bills implementation until April 2009.