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MS HB1569

Bill

Status

Failed

3/22/2016

Primary Sponsor

Timmy Ladner

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Allows owners of manufactured homes or mobile homes sold for taxes to redeem the property within one year after the sale by paying the chancery clerk all taxes owed, sale costs, 5% damages on the tax amount, and 1.5% monthly interest.

  • Chancery clerk must execute a quitclaim release document to the person redeeming the property, which releases all state and purchaser claims or title to the property.

  • Requires chancery clerk to provide written notice to the manufactured home/mobile home owner and any lienholders between 45 and 90 days before the redemption period expires, using the same form and manner as notices for land sold for taxes.

  • Applies the same duties and procedures to the chancery clerk for manufactured/mobile home tax sales and redemptions as exist for land tax sales under existing law.

  • Takes effect July 1, 2016.

Legislative Description

Mobile homes; give owner of one year to redeem the property after sold for taxes.

Last Action

Died In Committee

3/22/2016

Committee Referrals

Finance3/11/2016
Revenue and Expenditure General Bills2/8/2016

Full Bill Text

No bill text available