HB534 Alabama 2019 Session

Summary

Primary Sponsor

Steve McMillan

Republican

Session

Regular Session 2019

Title

Taxation, sale of land for unpaid tax delinquent after January 1, 2020, redemption, Secs. 40-10-75, 40-10-76, 40-10-77, 40-10-83, 40-10-121, 40-10-122 am'd.

Description

Pursuant to Act 2018-494 (2018 Regular Session), effective January 1, 2020, in an action brought for the possession of land sold for delinquent taxes, the interest rate on amounts awarded is set at a certain amount.

This bill would further provide for the interest rate on those amounts and would further provide for the procedure for redeeming land sold to the state for delinquent taxes and the procedure for redeeming land sold to a party other than the state for delinquent taxes.

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Subjects

Taxation