HB 1582

Abstract

Delinquent tax lands; threshold for nonjudicial sale. Raises the assessment threshold at which a local treasurer or other officer responsible for collecting taxes has general authority to sell real property with over three years of delinquent taxes from less than $5,000 to no more than $10,000 and extends such authority to improved as well as unimproved parcels of real property. The bill raises the assessment range at which such officer may sell parcels of real property with over three years of delinquent taxes and that meet certain criteria from at least $5,000 but less than $20,000 to more than $10,000 but no more than $25,000. The bill increases the size of unimproved parcels that may be sold from less than 4,000 square feet to one acre or less.