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IN HB1315

Bill

Status

Introduced

1/21/2014

Primary Sponsor

Justin Moed

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Requires the attorney general to establish and maintain a tax sale blight registry of persons ineligible to participate in tax sales, effective July 1, 2015.

  • Allows properties certified as vacant or abandoned to be sold outright at tax sale with no redemption period after June 30, 2014.

  • Prohibits foreign business associations not registered with the secretary of state from purchasing properties at tax sales, with sales subject to forfeiture if this requirement is violated.

  • Permits counties to establish paddle fees ($25 for single sale attendees or $100 for annual passes), with proceeds used to reduce vacant and abandoned houses through rehabilitation, demolition, and foreclosure prevention.

  • Allows county executives to intervene in mortgage foreclosure actions and request courts to extinguish creditor liens on vacant or abandoned properties if the creditor unduly delays prosecution and a one-year waiting period has elapsed.

Legislative Description

Tax sales and abandoned houses.

Last Action

First Reading: Referred to Local Government

1/21/2014

Committee Referrals

Local Government1/21/2014

Full Bill Text

No bill text available