AZ SB1099

Amends section 42-18303 of Arizona Revised Statutes regarding auction and sale of land held by the state under tax deed.

Clarifies that when property is sold, any balance remaining with the county treasurer after payment of taxes, interest, penalties, fees and costs shall be paid to the owner of the property who was dispossessed by the sale.

Changes reference from "the remainder" to "monies" in the apportionment of purchase money to taxing authorities in proportion to their current share of taxes.

Maintains existing provisions allowing boards of supervisors to sell tax deed property directly to counties, cities, towns, or special taxing districts for public purposes, and to contiguous residential property owners under specified conditions.