The bill SB260 Engrossed amends the Code of Alabama 1975 to enhance the regulations surrounding tax lien auctions and sales. Key provisions include the requirement for public auctions to be held between 8:30 a.m. and 4:00 p.m., with tax collecting officials mandated to notify delinquent taxpayers at least 30 days prior to the auction. The bill 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 conditions for purchasing tax lien certificates, including the payment of administrative fees. Additionally, it prohibits tax lien certificate holders from entering properties until a deed is received and provides protections against civil or criminal liability for these holders under certain circumstances.

Further amendments clarify the process for transferring and assigning tax lien certificates, requiring notarization and acknowledgment by tax officials, and introduce penalties for violations of financial interest provisions among tax officials, classifying them as Class C misdemeanors. The bill also mandates that all private tax lien sales be recorded and that unsold liens be reported to the county commission. Notably, it establishes that certified copies of tax records will serve as prima facie evidence in related legal proceedings. The act will apply to all tax liens for which a final judgment has not been rendered by June 1, 2024, and will take effect on 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