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AR HB1739

Bill

Status

Passed

4/5/2019

Primary Sponsor

John Payton

Click for details

Origin

House of Representatives

92nd General Assembly (2019 Regular)

AI Summary

  • Requires the Commissioner of State Lands to send notice of tax-delinquent land sales to all interested parties by certified mail.

  • Expands acceptable forms of payment for redeeming tax-delinquent land to include credit cards, debit cards, electronic checks, escrow checks, money orders, cashier's checks, and certified bank checks.

  • Reduces the pre-sale redemption period from 60 days to 30 days before the scheduled sale date.

  • Authorizes the Commissioner of State Lands to approve additional forms of payment through administrative rule.

  • Clarifies that a redemption deed serves as proof of payment and does not convey or change legal ownership of the redeemed property, with fees borne by the owner.

Legislative Description

To Amend The Law Concerning The Process Of Providing Redemption Deeds By The Commissioner Of State Lands; And To Expand The Forms Of Acceptable Payment.

Last Action

Notification that HB1739 is now Act 762

4/5/2019

Committee Referrals

Revenue & Taxation3/26/2019
Insurance and Commerce3/7/2019

Full Bill Text

No bill text available