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DIGEST OF INTRODUCED BILL
Property tax liens in tax allocation areas. Indicates which property of a taxpayer is subject to a property tax lien to secure the taxpayer's payment obligations to protect the bond or lease obligations of a redevelopment commission in an allocation area. Specifies the effective date of the lien. Permits enforcement in the same manner that a lien for property taxes is enforced with respect to the obligations to which a taxpayer agrees after June 30, 2005, regardless of whether the agreement provides for a lien, except that the lien is inferior to a first mortgage lien.