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House Bill 1405


House Bill 1405

ARCHIVE (2013)

Latest Information

 

DIGEST OF INTRODUCED BILL


Redemption of real property sold in a tax sale. Reduces the percentage of the minimum bid that a person redeeming real property sold at a tax sale must pay: (1) from 110% to 105% of the minimum bid for which the real property was offered for sale, if the real property is redeemed within six months after the date of sale; or (2) from 115% to 110% of the minimum bid for which the real property was offered for sale, if the real property is redeemed more than six months after the date of sale.
Current Status:
 In Committee - first House
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