HB22 Alabama 2010 Session
Updated Jul 26, 2021
HB22 Alabama 2010 Session
House Bill
Expired
Current Status
Regular Session 2010
Session
1
Sponsor
Summary
- Primary Sponsor
-
Joseph C. MitchellDemocrat - Session
- Regular Session 2010
- Title
- Property sold for nonpayment of taxes, rate of interest required for redemption reduced, Secs. 40-10-121, 40-10-122 am'd.
- Description
Under existing law, property that is sold for nonpayment of taxes may be redeemed by payment of the amount for which the land was sold, plus delinquent taxes and interest.
This bill would reduce the rate of interest that a person is required to pay to redeem property that is sold for nonpayment of taxes.
- Subjects
- Property, Real and Personal
Bill Actions
Read for the first time and referred to the House of Representatives committee on Banking and Insurance
Bill Text
Documents
Source: Alabama Legislature