HB 5935 Summary

• Changes mandatory language from "shall" to "must" throughout Section 78h regarding tax foreclosure petitions and procedures.

• Requires foreclosing governmental units to include street addresses of properties in foreclosure petitions when available.

• Allows governmental units to withhold properties from foreclosure if they continuously qualified as principal residences with de minimis unpaid delinquent taxes, interest, penalties, and fees.

• Maintains existing protections allowing withholding of properties from foreclosure for minor heirs, incompetent persons, those in financial hardship, and persons on payment plans or foreclosure avoidance agreements.

• Requires circuit court hearings on foreclosure petitions to be scheduled no more than 30 days before the following March 1.