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LA HB591
Bill
Status
4/28/2025
Primary Sponsor
Roger Wilder
Click for details
AI Summary
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Political subdivisions may sell adjudicated property at public sale to the highest bidder without setting a minimum bid or requiring an appraisal, as an alternative to the existing option of setting a minimum bid based on statutory impositions, liens, and sale costs
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Persons terminating a tax lien certificate for adjudicated property must pay the termination price plus actual costs incurred by the political subdivision for certified mail, publication of notice, and personal service of notices
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Supersedes provisions of Act No. 774 of the 2024 Regular Session regarding R.S. 47:2202(A)(1) and 2247(A)
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Applies to all taxable periods beginning on or after January 1, 2026
Legislative Description
Provides for an alternative to minimum bids when selling adjudicated property and requires costs associated with the termination of a lien certificate to apply to adjudicated property (RE NO IMPACT LF RV See Note)
TAX/AD VALOREM TAX
Last Action
Read by title and returned to the Calendar, subject to call.
5/28/2025