ND HB1199

Amends North Dakota Century Code section 57-28-20 to change how excess proceeds from tax lien foreclosure sales are handled by establishing a 90-day retention period before distribution.

Requires county treasurers to issue tax receipts for the original tax amount without penalty and interest, with any excess proceeds retained by the county for 90 days after the sale.

After the 90-day retention period, excess proceeds must be distributed to: the property owner if an undisputed claim is submitted; the district court clerk if disputed or multiple claims are submitted; or the unclaimed property administrator if no claim is submitted.

Applies the same 90-day retention and distribution procedures to properties sold under contract, with excess proceeds distributed according to the same three-tier distribution method.

Passed with unanimous support: 94-0 in the House and 47-0 in the Senate.