The bill amends the authority of the Commissioner of State Lands to facilitate online transactions related to tax-delinquent property auctions. Specifically, it allows the Commissioner to conduct both tax-delinquent property auctions and unsold-property auctions online, enhancing accessibility and efficiency in the sale process. The bill also modifies the notification procedure for property owners and interested parties, ensuring they are informed of their right to redeem their property before the auction.
Additionally, the bill updates the language regarding the auction process by removing references to in-person auctions, thereby standardizing the procedure to accommodate online sales. This change aims to streamline the process and ensure that all parties are aware of their rights and obligations in a timely manner. Overall, the amendments reflect a modernization of the property sale process under the jurisdiction of the Commissioner of State Lands.
Statutes affected: SB 310: 26-37-202(b), 26-37-202(e)