SB0456

Find a 2016 Bill:

2016 Regular Session

 

Entitled:

Tax Sales - Reimbursement for Expenses

Sponsored by:

Senator McFadden

Status:

In the Senate - Hearing cancelled


Synopsis:Clarifying that specified costs incurred by the holder of a tax sale certificate shall be reimbursed on redemption of the property; 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; altering the amount of attorney's fees that the holder of a tax sale certificate shall be reimbursed if an action to foreclose the right of redemption has been filed; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senator McFadden
Additional Facts:Introduced in a prior session as: HB1144 Session: 2015 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2016
Committee(s):
Budget and Taxation
Broad Subject(s):Taxes - Property
Narrow Subject(s):Attorneys' Fees
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Foreclosure
Judgments
Notices
Recordation
Reports
Tax Sales
Statutes:Article - Tax - Property
(14-833, 14-843)

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October 24, 2017 5:09 P.M.