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House Bill 1174


House Bill 1174

ARCHIVE (2012)

Latest Information

 

DIGEST OF INTRODUCED BILL


Tax sale redemption interest rates. Reduces the interest rate that a taxpayer must pay to redeem property that is sold at a tax sale from 10% to 6% if the property is redeemed within six months, from 10% to 6% per annum on amounts paid over the minimum bid and for taxes and special assessments paid after the date of sale, and from 15% to 10% if the property is redeemed after six months.
Current Status:
 In Committee - first House
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