2019 Senate Bill 676 / 2020 Public Act 255

Require government foreclosure sale “profit” go to homeowner

Introduced in the Senate

Dec. 4, 2019

Introduced by Sen. Pete Lucido (R-8)

To require the amount by which proceeds from the foreclosure sale of an individual’s tax-delinquent home exceeds the unpaid tax bill to be returned to the homeowner. This would not apply to other property owners, however.

Referred to the Committee on Finance

Oct. 1, 2020

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Dec. 3, 2020

Passed in the Senate 37 to 0 (details)

Received in the House

Dec. 8, 2020

Referred to the Committee on Ways and Means

Dec. 17, 2020

Passed in the House 103 to 0 (details)

To require the amount by which proceeds from the foreclosure sale of an individual’s tax-delinquent home exceeds the unpaid tax bill to be returned to the homeowner. This would not apply to other property owners, however.

Signed by Gov. Gretchen Whitmer

Dec. 22, 2020