SB124 Alabama 2015 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2015
Title
Real property, foreclosures on homesteads, redemption period reduced, Secs. 6-5-248, 6-5-252, 8-1-172 am'd.
Description
Under existing law, a person has one year to redeem real property that is sold for nonpayment of taxes or that is foreclosed on
This bill would reduce the redemption period to 90 days for residential property on which a homestead exemption was claimed in the tax year during which the sale or foreclosure occurred
Relating to redemption of certain real property for nonpayment of taxes and of certain real property foreclosed on under a mortgage or sold by virtue of a judgment; to reduce the redemption period; to amend Sections 6-5-248, 6-5-252, and 8-1-172 of the Code of Alabama 1975; and to provide for partial prospective operation.
Subjects
Property, Real and Personal
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 16, 2015 | S | Assigned Act No. 2015-79. |
| April 16, 2015 | H | Signature Requested |
| April 16, 2015 | S | Enrolled |
| April 16, 2015 | H | Concurred in Second House Amendment |
| April 14, 2015 | S | Marsh motion to Concur In and Adopt adopted Roll Call 477 |
| April 14, 2015 | S | Concurrence Requested |
| April 14, 2015 | H | Motion to Read a Third Time and Pass adopted Roll Call 407 |
| April 14, 2015 | H | Motion to Adopt adopted Roll Call 406 |
| April 14, 2015 | H | Johnson (K) Amendment Offered |
| April 14, 2015 | H | Johnson (K) motion to Table adopted Roll Call 405 |
| April 14, 2015 | H | Financial Services Amendment Offered |
| April 14, 2015 | H | Third Reading Passed |
| April 9, 2015 | H | Read for the second time and placed on the calendar 1 amendment |
| April 7, 2015 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
| April 7, 2015 | S | Engrossed |
| April 2, 2015 | S | Motion to Read a Third Time and Pass adopted Roll Call 293 |
| April 2, 2015 | S | Ross motion to Adopt adopted Roll Call 292 |
| April 2, 2015 | S | Ross Amendment Offered |
| April 2, 2015 | S | Third Reading Passed |
| March 18, 2015 | S | Read for the second time and placed on the calendar |
| March 3, 2015 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 9, 2015 | Room 429 at 09:15 | House FS Hearing |
| Hearing | March 18, 2015 | Room 320 at 14:30 | Senate B&I Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB124 Alabama 2015 Session - Enrolled |
| Bill Text | SB124 Alabama 2015 Session - Engrossed |
| Bill Text | SB124 Alabama 2015 Session - Introduced |