MO HB2234

Unclaimed surplus proceeds from tax sales of real property must be transferred to the state treasurer's unclaimed property division after three years, rather than becoming part of the county's permanent school fund

Counties must notify former property owners within 30 days of transferring unclaimed surplus funds to the state, informing them of their right to reclaim the money

Certificates of sale must include notice to property owners about surplus funds and their reclaim rights

County commissions must issue payment of surplus funds to entitled parties within 60 days of receiving satisfactory proof of entitlement

Surplus funds are distributed first to former lienholders by priority, then to former property owners, with no distributions permitted until 90 days after the redemption period expires