The proposed bill would amend current statutes regarding the sale of tax-deeded real property held by the state. It would allow county boards of supervisors (BOS) to sell such properties not only to contiguous residential property owners but also to contiguous agricultural and commercial property owners. Additionally, if multiple contiguous property owners are interested in purchasing, the BOS must prioritize the offer from the owner whose property was most recently under common ownership with the property for sale. The bill also introduces a requirement for contiguous property owners to request a joint assessment for property tax purposes.

Furthermore, the bill would enable the BOS to sell tax-deeded properties directly to homeowners' associations if the property is part of a common area maintained by the association. It allows the BOS to establish procedures for accepting monetary offers for properties that are not eligible for auction or have not sold at auction. The bill also makes technical changes to the existing statutes, ensuring clarity and compliance with the new provisions. Overall, these updates aim to streamline the process for selling tax-deeded properties and expand the potential buyers to include a broader range of contiguous property owners.

Statutes affected:
Introduced Version: 42-18303