MS SB2851

Extends the statute of limitations from 2 years to 3 years for a prior property owner to regain property lost to taxes if the sale is invalidated by judicial action

Increases the sheriff's fee for serving notice of tax sale maturity or pending tax sale from $35 to $100, with $50 going to the Sheriff's Office expenses and $50 to general county purposes

Requires notice to property owners of tax lien maturity to begin no earlier than 120 days before and be completed no later than 14 days before the lien matures

Establishes that if a tax lien is invalidated by court and returned to the former property owner, the price owed to the tax lienholder equals only what the Secretary of State received for the property

Sets pricing for sales to prior owners or for blighted property at the highest of: 25% of market value, total back taxes plus fees, or the applicant's offer amount