SB372 Alabama 2019 Session

In Committee

Bill Summary

Sponsors

Cam Ward

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

Relating to the sale of land for taxes; to amend Sections 40-10-75, 40-10-76, 40-10-77, 40-10-83, 40-10-121, and 40-10-122, Code of Alabama 1975, as last amended by Act 2018-494, 2018 Regular Session, effective January 1, 2020, to further provide for the interest rate for property sold for taxes and to further provide for the procedure for the redemption of the land.

Subjects

Taxation

Bill Actions

Action Date	Chamber	Action
May 2, 2019	S	Read for the first time and referred to the Senate committee on Governmental Affairs

Bill Text

Download SB372 Alabama 2019 Session PDF

Bill Documents