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AR HB2173
Bill
Status
Failed
5/17/2013
Primary Sponsor
Bob Ballinger
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AI Summary
- Amends notice requirements for tax-delinquent land sales to clarify that land will be sold to the highest successful bidder only if the bid equals at least the assessed value as certified by the Commissioner of State Lands
- Changes payment obligation language from "highest bidder" to "highest successful bidder" to require payment of all taxes, interest, penalties, and other costs
- Grants the Commissioner of State Lands explicit authority to reject bids for good cause and accept or reject the next highest bid
- Authorizes the Commissioner to report bid rejection circumstances to appropriate authorities and provides immunity from liability for good faith actions taken under these provisions
Legislative Description
To Regulate Procedures For Sales Of Tax-delinquent Lands; To Clarify The Authority Of The Land Commissioner To Accept And Reject Bids.
Last Action
Died in House Committee at Sine Die adjournment.
5/17/2013
Committee Referrals
State Agencies and Governmental Affairs3/12/2013
Full Bill Text
No bill text available