HB47 Alabama 2013 Session
Bill Summary
Under existing law, excess funds arising from the sale of any real estate for taxes may be paid to the owner of the property that has been sold
This bill would clarify that the owner of property entitled to receive such excess funds includes holders of recorded mortgages and would establish the priority of the distribution of any excess funds
To amend Section 40-10-28, Code of Alabama 1975, to provide that only a person or entity who has redeemed property sold at a tax sale may receive the excess paid by a tax sale purchaser; to require that the excess be held in escrow in the county treasury for three years until proper application for payment of the escrow is made; and to provide that the excess shall be paid into the county general fund for use by the county if not claimed within 10 years.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 20, 2013 | H | Delivered to Governor at 10:45 p.m. on May 20, 2013. |
| May 20, 2013 | H | Assigned Act No. 2013-370. |
| May 20, 2013 | H | Clerk of the House Certification |
| May 20, 2013 | S | Signature Requested |
| May 20, 2013 | H | Enrolled |
| May 20, 2013 | S | Concurred in Second House Amendment |
| May 20, 2013 | H | Clouse motion to Concur In and Adopt adopted Roll Call 1242 |
| May 20, 2013 | H | Concurrence Requested |
| May 20, 2013 | S | Motion to Read a Third Time and Pass adopted Roll Call 1098 |
| May 20, 2013 | S | Fielding motion to Adopt adopted Roll Call 1097 |
| May 20, 2013 | S | Fielding Amendment Offered |
| May 20, 2013 | S | Third Reading Passed |
| April 4, 2013 | S | Read for the second time and placed on the calendar |
| February 26, 2013 | S | Read for the first time and referred to the Senate committee on Judiciary |
| February 26, 2013 | H | Engrossed |
| February 26, 2013 | H | Motion to Read a Third Time and Pass adopted Roll Call 153 |
| February 26, 2013 | H | Motion to Adopt adopted Roll Call 152 |
| February 26, 2013 | H | Financial Services Amendment Offered |
| February 26, 2013 | H | Third Reading Passed |
| February 14, 2013 | H | Read for the second time and placed on the calendar 1 amendment |
| February 5, 2013 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB47 Alabama 2013 Session - Engrossed |
| Bill Text | HB47 Alabama 2013 Session - Introduced |