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FL H0367

Bill

Official Source

Status

Failed

4/28/2015

Primary Sponsor

Julio Gonzalez

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Individual and corporate bidders may submit only one bid per tax certificate and cannot use multiple federal employer identification numbers to submit multiple bids
  • Bidders who violate the single-bid protocol are barred from bidding in any county tax certificate sales for 2 consecutive years following identification and verification of the violation
  • When multiple bidders offer the same lowest interest rate, the tax collector must determine award selection using acceptable methods including the bid received first or a random-number generator
  • The act takes effect July 1, 2015

Legislative Description

Sales of Tax Certificates for Unpaid Taxes

Last Action

Died in Local Government Affairs Subcommittee

4/28/2015

Committee Referrals

Local Government Affairs Subcommittee1/28/2015

Full Bill Text

No bill text available