The bill HB335 amends various sections of the Code of Alabama 1975 concerning tax lien auctions and sales, introducing new regulations and clarifying existing ones. Key provisions include the requirement for public auctions to be held between 8:30 a.m. and 4:00 p.m., and for tax officials to notify delinquent taxpayers at least 30 days before the auction. It also establishes a tax lien auction list that details unsold tax liens and properties, ensures that interest continues to accrue on unsold liens, and outlines the process for resolving tie bids during auctions. Additionally, the bill adjusts fees related to tax lien purchases, specifies the components of the purchase price, and allows for the transfer and assignment of tax lien certificates.

Further amendments include prohibiting tax assessors and collecting officials from having financial interests in tax lien purchases, with violations classified as a Class C misdemeanor. The bill introduces a new section that allows certified copies of tax records to serve as prima facie evidence in legal proceedings related to tax lien matters. It also expands the list of individuals eligible to redeem tax liens and allows for the private sale of unsold tax liens post-auction. The act is set to take effect on June 1, 2024, and applies to all tax liens without a final judgment rendered by that date.

Statutes affected:
Introduced: 40-10-182, 40-10-183, 40-10-184, 40-10-186, 40-10-187, 40-10-191, 40-10-193, 40-10-198, 40-10-199, 40-10-200
Engrossed: 40-10-182, 40-10-183, 40-10-184, 40-10-186, 40-10-187, 40-10-191, 40-10-193, 40-10-198, 40-10-199, 40-10-200
Enrolled: 40-10-182, 40-10-183, 40-10-184, 40-10-186, 40-10-187, 40-10-191, 40-10-193, 40-10-198, 40-10-199, 40-10-200