SB372 Alabama 2019 Session

Summary

Primary Sponsor

Cam Ward

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.

Summary

SB 372 changes how interest is charged on tax delinquency awards and overhauls the redemption process for land sold for delinquent taxes, whether to the state or to private buyers, starting in 2020.

What This Bill Does

It sets the interest on amounts awarded in certain tax-related actions at 8% for actions related to delinquent taxes on or after January 1, 2020, and ties other interest to redemption-rate rules for some actions. It amends redemption procedures: for land sold to the state, purchasers must deposit the sale price plus taxes and related costs, with valuation and protests handled by the tax assessor and a board of equalization, and with potential municipal tax adjustments. For land sold to private buyers, redemption requires deposit of the sale price plus accrued interest, taxes and costs, plus reimbursement for certain insurance premiums and improvements, with detailed steps for determining those amounts (including notices, written demands, possible referees/arbitration, mediation, and court review). The act also allows online redemption and specifies effective date as January 1, 2020.

Who It Affects

• Property owners or landowners whose land was sold for delinquent taxes, as the bill sets how interest is calculated and how redemption can occur and affect their property rights.
• Redeemers and purchasers (including private buyers and their transferees) who seek to redeem property or who are affected by the costs, valuation processes, notices, and dispute resolution procedures established for redemptions.

Key Provisions

• §40-10-75 to §40-10-83: In actions related to taxes delinquent on or after 1/1/2020, the interest on awarded amounts is set at 8% per year; for actions involving redemptions occurring after 1/1/2020, interest uses the rate provided for redemptions in §40-10-121(a) or §40-10-122(a).
• §40-10-121: Redemption of land sold to the state requires depositing the sale amount plus interest and due taxes; includes procedures for valuation by the tax assessor, possible protest and board of equalization review, and distribution of amounts, including municipal taxes and related interest.
• §40-10-122: Redemption of land sold to someone other than the state requires depositing the sale amount plus interest (and taxes due), plus costs; allows recovery of insurance premiums and preservation/improvement costs with defined methods for valuation, notices, and potential referees/arbitration; includes mediation, court review, and lien effects.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Taxation