SB0167

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Tax Sales - Reimbursement for Expenses

Sponsored by:

Senator Conway

Status:

In the Senate - Recommitted to Budget and Taxation (Senator Conway)


Synopsis:Clarifying that specified costs incurred by the holder of a tax sale certificate shall be reimbursed on redemption of the property; requiring specified payments for reimbursement to be made to the attorney for a holder of a certificate of sale or the holder of a certificate of sale and not the tax collector; providing that the holder of a tax sale certificate shall be reimbursed $500 for attorney's fees if an action to foreclose the right of redemption has not been filed and establishing that amount as reasonable; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Conway
Additional Facts:Cross-filed with: HB0241
Bill File Type: Regular
Effective Date(s): July 1, 2017
Committee(s):
Budget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Property
Narrow Subject(s):Attorneys' Fees
Foreclosure
Reimbursement Rates
Tax Sales
Statutes:Article - Tax - Property
(14-843)

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March 22, 2017 1:51 P.M.