Michigan Laws 211.1006 – Crediting proceeds of recapture tax to certain fund
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Terms Used In Michigan Laws 211.1006
- Lien: A claim against real or personal property in satisfaction of a debt.
- Recapture tax: means the agricultural property recapture tax imposed under this act. See Michigan Laws 211.1002
- Treasurer: means the state treasurer. See Michigan Laws 211.1002
The treasurer shall credit the proceeds of the recapture tax collected by county treasurers under this act to the fund in which the proceeds from lien payments made under part 361 of the natural resources and environmental protection act, 1994 PA 451, MCL 324.36101 to 324.36117, are deposited.