SB230 Alabama 2014 Session
Bill Summary
This bill would provide that a person or entity entitled to redeem property purchased at a tax sale who has reached a negotiated redemption agreement with or has purchased the property from the purchaser at the tax sale or the purchaser's successor in interest is entitled under certain conditions to the payment of the excess funds upon proof of the agreement or purchase
To amend Section 40-10-28, Code of Alabama 1975, as amended by Act 2013-370, 2013 Regular Session, to provide that a person or entity entitled to redeem property purchased at a tax sale who has reached a negotiated redemption agreement with or has purchased the property from the purchaser at the tax sale or the purchaser's successor in interest is entitled under certain conditions to the payment of the excess funds upon proof of the agreement or purchase.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 21, 2014 | S | Read for the first time and referred to the Senate committee on Judiciary |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB230 Alabama 2014 Session - Introduced |