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Council urges state to allow 'uncapping' cannabis events; adds lender disclosure amendment

3375110 · May 13, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Detroit City Council approved a resolution urging the state to permit uncapped cannabis events in the city and accepted an amendment asking mortgage lenders to inform borrowers about property tax uncapping and how it affects debt‑to‑income calculations.

Detroit City Council approved a resolution urging the Michigan Legislature to permit “uncapping” events related to cannabis and added language calling for mortgage lenders to disclose uncapping information to borrowers.

What the council did: the resolution, introduced on behalf of Council President Mary Sheffield and moved by President Pro Tem James Tate, was amended by Council Member Leticia Johnson to encourage mortgage lenders to inform…

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