SB23-042: Modification of County Employee Tax Lien Prohibition

• Narrows the existing prohibition on county employees purchasing tax liens to only apply to employees who directly participate in tax lien sales by preparing, conducting, or executing sales of lands and town lots.

• Removes the blanket ban preventing all county employees from acquiring tax liens or property sold via tax liens during their employment.

• Maintains the prohibition for elected or appointed county officials and their immediate family members regardless of their involvement in tax lien sales processes.

• Takes effect 90 days after final adjournment of the general assembly, unless a referendum petition is filed, in which case it requires voter approval at the November 2024 general election.