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AR HB1768

Bill

Status

Passed

4/11/2019

Primary Sponsor

John Payton

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Origin

House of Representatives

92nd General Assembly (2019 Regular)

AI Summary

  • Amends Arkansas Code § 26-37-310 to streamline the land redemption process for properties forfeited to the state for nonpayment of taxes.

  • Requires redemption petitioners to submit an executed petition with verified signature, full payment of outstanding taxes/penalties/interest/fees/costs, and any additional documentation requested by the Commissioner of State Lands.

  • Establishes a 30-day price protection period after petition submission during which the total redemption amount cannot be increased, except if the property is sold, records are amended by a county, or actual costs/fees/taxes are added.

  • Authorizes the Commissioner of State Lands to establish a fee for producing redemption deeds, capped at actual costs expended plus 3% of those costs.

  • Requires the Commissioner to forward redemption deeds to the circuit clerk for filing and directs county collectors to extend unpaid non-state/county taxes on the tax books after deed receipt.

Legislative Description

To Revise The Procedure Of The Commissioner Of State Lands For The Redemption Of Land Certified To The State.

Last Action

Notification that HB1768 is now Act 918

4/11/2019

Committee Referrals

State Agencies and Governmental Affairs4/1/2019
Revenue & Taxation3/20/2019
State Agencies and Governmental Affairs3/11/2019

Full Bill Text

No bill text available