AR SB596

Amends Arkansas Code § 26-37-302 to clarify payment requirements for redeeming tax-delinquent land with the county collector or Commissioner of State Lands

Redeemers or purchasers must pay all delinquent taxes plus 10% simple interest per year of delinquency, a 10% penalty per year of delinquency, and costs incurred by the county and Commissioner of State Lands

Penalties and interest begin accruing on October 11 in the year of delinquency

Redemption payments must be made by cash or cashier's check if the redemption occurs within 60 days before the scheduled sale or during the redemption period following the sale