the people of the state of michigan enact:

Sec. 78t. (1) Notwithstanding any provision of this act to the contrary, both of the following apply if the governor has, for the entire state, declared a state of disaster or state of emergency under both the emergency management act, 1976 PA 390, MCL 30.401 to 30.421, and 1945 PA 302, MCL 10.31 to 10.33, in response to a declaration by the World Health Organization of a public health emergency of international concern:

(a) A foreclosing governmental unit may temporarily suspend strict compliance with section 78g(3) and extend the deadline by which any principal residence forfeited to the county treasurer must be redeemed until as late as 30 days after the termination of the state of disaster or state of emergency.

(b) Upon the motion of a foreclosing governmental unit made during a deadline extension under subdivision (a), a court may, in a manner consistent with the deadline extension, amend orders of foreclosure as to any principal residence that it issued under section 78k(5) while conditions leading up to the governor's declaration existed or while the governor's declaration was in effect.

(2) As used in this section, "principal residence" means property exempt as a principal residence under section 7cc.