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MS HB513

Bill

Status

Failed

3/3/2020

Primary Sponsor

Timmy Ladner

Click for details

Origin

House of Representatives

2020 Regular Session

AI Summary

  • Allows the owner of a manufactured or mobile home sold for taxes to redeem the property within one year after the sale by paying the tax collector the original taxes, sale costs, 5% damages on the taxes, and monthly interest of 1.5%.

  • Requires the chancery clerk to execute and seal a release document transferring all state and purchaser claims to the person redeeming the property.

  • Mandates the chancery clerk provide written notice to the home owner and any lienholders 45-90 days before the redemption period expires, using the same notice procedures as land sold for taxes.

  • Grants the chancery clerk the same duties and responsibilities regarding manufactured home tax sales as they have for land sold for taxes under existing law.

  • Takes effect July 1, 2020.

Legislative Description

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

Last Action

Died In Committee

3/3/2020

Committee Referrals

Judiciary A2/4/2020

Full Bill Text

No bill text available