Under existing law, a party desiring to redeem property sold to the state for unpaid taxes is required to pay the amount of money for which the property was sold, together with the amount of all taxes found to be due on the property since the date of sale, with interest at the rate of 12 percent.
This bill would provide that a party desiring to redeem property sold to the state for unpaid taxes would pay interest only on the taxes due at the time of default.
Fiscal Responsibility and Economic Development first Amendment Offered
Conference Committee on SB257 2018RS first Substitute Offered
Assigned Act No. 2018-494.
Signature Requested
Enrolled
Concurred in Conference Report
McCampbell motion to Concur In and Adopt adopted Roll Call 1084
Conference Report Concurrence Requested
Sanders motion to Concur In and Adopt adopted Roll Call 1087
Conference Report
Conference Committee Appointed
McCampbell motion to Accede adopted Roll Call 943 House appoints McCampbell, Nordgren and Garrett
Conference Committee Requested
Sanders motion to Non Concur and Appoint Conference Committee adopted Roll Call 927 P&PO appoints Sanders, Williams, Phil and Reed
Concurrence Requested
Motion to Read a Third Time and Pass adopted Roll Call 924
Motion to Adopt adopted Roll Call 923
Knight Amendment Offered
Motion to Adopt adopted Roll Call 922
Fiscal Responsibility first Substitute Offered
Third Reading Passed
Read for the second time and placed on the calendar with 1 substitute and
Read for the first time and referred to the House of Representatives committee on Fiscal Responsibility
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 383
Sanders motion to Adopt adopted Roll Call 382
Fiscal Responsibility and Economic Development Amendment Offered
Third Reading Passed
Read for the second time and placed on the calendar 1 amendment
Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development
Source: Alabama Legislature