SB32 Alabama 2021 Session
Bill Summary
Under existing law, a tax delinquent property may be transferred by the Land Commissioner of the Alabama Department of Revenue to the Alabama Land Bank Authority if the property has been bid in for the state for at least five years and the state's interest in property acquired for delinquent taxes has been held for at least five years
This bill would provide that a tax delinquent property may be transferred by the Land Commissioner of the Alabama Department of Revenue to the Alabama Land Bank Authority if the property has been bid in for the state for at least three years and the state's interest in property acquired for delinquent taxes has been held for at least three years
This bill would remove the distribution requirements for proceeds derived from the sale of property under the land bank program
Under existing law, a municipality having over 1,000 tax delinquent properties in a municipality, or a county in which a municipality has over 1,000 tax delinquent properties, may form a local land bank authority
This bill would allow municipalities or counties having over 100 delinquent properties within a municipality to form a local land bank authority
This bill would also grant additional powers to local land bank authorities
Relating to tax delinquent properties; to amend Sections 24-9-6, 24-9-7, 24-9-8, and 24-9-10, Code of Alabama 1975; to provide that a tax delinquent property may be transferred by the Land Commissioner of the Alabama Department of Revenue to the Alabama Land Bank Authority if the property has been bid in for the state for at least three years and the state's interest in property acquired for delinquent taxes has been held for at least three years; to remove the distribution requirements for proceeds derived from the sale of property under the land bank program; to allow municipalities or counties having over 100 delinquent properties within a municipality to form a local land bank authority; and to grant additional powers to local land bank authorities.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 23, 2021 | S | Pending third reading on day 8 Favorable from Governmental Affairs |
| February 23, 2021 | S | Read for the second time and placed on the calendar |
| February 2, 2021 | S | Read for the first time and referred to the Senate committee on Governmental Affairs |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | February 23, 2021 | Room 825 *Bill Added* at 13:00 | Senate GA Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB32 Alabama 2021 Session - Introduced |
| Fiscal Note | Fiscal Note - SB32 for Governmental Affairs |