HOUSE BILL No. 5709 February 21, 2002, Introduced by Rep. Patterson and referred to the Committee on House Oversight and Operations. A bill to amend 1931 PA 292, entitled "An act to authorize counties to extend the time of payment of certain drain taxes and highway assessments," by amending section 3 (MCL 211.393). THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 Sec. 3. If any part or parts ofsuchTHE drain taxes or 2 highway assessmentsshallhave become delinquent, and if the 3 countyshall haveHAS advanced money for the payment ofsuch4 THE bonds by reason ofsuchTHE delinquency, or if refunding 5 bondsshallhave been issued to extend the time of payment of 6suchTHE bonds, the board of supervisors may, by resolution, at 7 any time before the sale of land forsuchTHE drain taxes or 8 highway assessments only, or, ifsuchTHE lands shall have been 9 bid off to the state atsuchA tax sale forsuchTHE drain 10 taxesand/orOR highway assessments only, at any time before 02229'01 JLB 2 1suchTHE lands shall have been deeded by theauditor general2 STATE TREASURER, extend the time of payment ofsuchTHE delin- 3 quent taxes or assessments and divide the same into any number of 4instalmentsINSTALLMENTS not exceeding the number of the origi- 5 nalinstalments thereofINSTALLMENTS, and may remit all or any 6 part of the accrued interest and penalties.thereon.One of 7such instalmentsTHE INSTALLMENTS shall be levied and collected 8 on the general tax roll for each year following the last 9instalmentINSTALLMENT of the original drain tax or highway 10 assessment of the same district, and interest thereon at 6 per 11 cent from the date ofsuchTHE extension shall be included each 12 year in the amount of the original or extendedinstalment13 INSTALLMENT ofsuchTHE tax or assessment to be collected. 02229'01 Final page. JLB