Loading chat...
IN HB1125
Bill
Status
1/9/2014
Primary Sponsor
Dan Forestal
Click for details
AI Summary
-
Expands disqualification criteria for tax sale purchasers to apply statewide rather than county-by-county, preventing persons with unsafe buildings or delinquent property taxes anywhere in Indiana from purchasing property at tax sales.
-
Disqualifies persons who own unsafe buildings or premises located anywhere in Indiana and are subject to specific enforcement orders under Indiana Code sections 36-7-9-5 and 36-7-9-10.
-
Disqualifies persons who owe delinquent taxes, special assessments, penalties, interest, or costs from prior tax sales on any real property listed in Indiana, not just in the county where the sale is held.
-
Requires county treasurers to obtain signed statements from all tax sale bidders affirming they do not owe disqualifying debts anywhere in Indiana and acknowledging that violations are subject to forfeiture.
-
Establishes forfeiture procedures allowing county treasurers to void sales made by ineligible purchasers within six months, with bidder amounts applied to their delinquent obligations and remaining proceeds distributed to appropriate political subdivisions.
Legislative Description
Property tax purchasers.
Last Action
First Reading: Referred to Ways and Means
1/9/2014