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DIGEST OF INTRODUCED BILL
Provides a three year optional tax sale provision for Lake County. Provides that the county commissioners may adopt a resolution that a tax sale certificate may be sold at a price less than the minimum price after the property has not sold for the minimum price at two tax sales. Provides that the proceeds from a sale are to be allocated on a pro rata basis among the taxing units and that any credit to the taxing unit for delinquent taxes is extinguished by the sale.