HB 4819 Summary

• Eliminates the requirement that foreclosing governmental units hold at least 2 property sales for tax-delinquent properties, allowing instead for 1 or more sales at their discretion.

• Modifies the timing requirement for final sales when multiple sales are held, requiring at least 28 days between the final sale and the immediately preceding sale (rather than previous language about subsequent sales).

• Allows the final sale to proceed without a mandatory minimum bid if multiple sales are held, though the foreclosing governmental unit may establish a reasonable opening bid to recover sale costs.

• Changes the date reference for transferring unsold property lists from "date of the sale" to "entry of judgment" under section 78k for consistency with the foreclosure timeline.

• Corrects cross-references to the Natural Resources and Environmental Protection Act from section 20101(1)(o) to 20101(1)(r) and updates chapter citations from 324.20519 to 324.20302.