MS HB1170

Extends the repeal date of Section 27-41-59(2) from September 1, 2013 to September 1, 2016.

Allows county tax collectors to conduct a second tax sale of property in public improvement districts that fails to receive a bid and is struck off to the state, with approval from the Secretary of State and local governing bodies.

Second sale must occur before the redemption period expires and follows the same procedures as delayed tax sales under Section 27-41-65, including all delinquent tax years.

If no purchaser is found at the second sale, the property matures to the state at the end of the redemption period as if no second sale occurred.

Property purchased at the second sale may be redeemed within two years following the sale date.