Introduced
by
To amend certain provisions of a law passed in the previous legislature which streamlined and accelerated the process by which a property owner with delinquent property taxes can have his land taken and resold by the government. This bill is part of a 12-bill legislative package (HB 4707 - HB 4718) which seeks to correct some of the problems that arose under the new law. Specifically, this bill gives greater flexibility and discretion to local officials to stop or slow down the condemnation process, such as when a property owner is acting in good faith to correct a tax deficiency, makes an appeal based on financial hardship, or is appealing a higher tax rate. HB 4716 requires a foreclosing governmental unit to deposit the proceeds from the sale of delinquent property into restricted accounts, and limits the purpose for which the proceeds can be used.
Referred to the Committee on Local Government and Urban Policy
Substitute offered
Which reflects changes adopted following committee testimony and discussion.
The substitute passed by voice vote
Passed in the House 102 to 2 (details)
To amend certain provisions of a law passed in the previous legislature which streamlined and accelerated the process by which a property owner with delinquent property taxes can have his land taken and resold by the government. This bill is part of a 12-bill legislative package (HB 4707 - HB 4718) which seeks to correct some of the problems that arose under the new law. Specifically, this bill gives greater flexibility and discretion to local officials to stop or slow down the condemnation process, such as when a property owner is acting in good faith to correct a tax deficiency, makes an appeal based on financial hardship, or is appealing a higher tax rate. HB 4716 requires a foreclosing governmental unit to deposit the proceeds from the sale of delinquent property into restricted accounts, and limits the purpose for which the proceeds can be used.
Passed in the Senate 32 to 0 (details)
