H.B. No. 734 Summary

• Restricts Tax-Delinquent Persons from Purchasing: Prohibits persons with delinquent property taxes in Ohio and their associates from purchasing tax-foreclosed properties or delinquent tax certificates.

• Requires Affidavits for Property Purchases: Mandates that purchasers of foreclosed or forfeited property furnish affidavits certifying they are not delinquent on taxes and are not connected to the previous property owner.

• Penalizes False Statements: Makes knowingly false statements in required affidavits guilty of falsification under Ohio law.

• Applies to Multiple Sale Types: Extends restrictions across various tax foreclosure proceedings including public auctions, negotiated sales of tax certificates, and forfeiture sales.

• Maintains Existing Procedures: Modifies delinquent property tax foreclosure proceedings while preserving existing court procedures, minimum bid requirements, and fee structures.