SB260 Summary

• Specifies tax lien auctions must occur between 8:30 a.m. and 4:00 p.m. on the auction date and allows auctions to be conducted online or in person.

• Establishes administrative fee of $45 (effective upon preparation of tax lien auction list) and $5 certificate fee; if a tax lien certificate holder fails to exercise first right to purchase a subsequent lien, the redemption price is added to the purchase price of the subsequent lien.

• Prohibits tax lien certificate holders from entering upon or possessing property until receiving a deed from the circuit clerk and shields holders from criminal or civil liability for code violations prior to obtaining a clerk's deed, unless they violated this restriction.

• Expands who may redeem tax liens to include any person with a legal or equitable interest in the property, including judgment creditors and other creditors with liens on the property.

• Establishes that books and records of tax assessing officials, tax collecting officials, and boards of equalization are prima facie evidence in trials involving tax lien auctions, sales, or redemptions; effective June 1, 2024.