The proposed bill would amend current statutes regarding the sale of tax-deeded real property held by the state. Under the current law, the board of supervisors (BOS) can sell such property to the highest bidder for cash, with specific exceptions for contiguous property owners. The bill expands these exceptions to include contiguous agricultural and commercial property owners, stipulating that if multiple contiguous owners are interested, the BOS must accept the offer from the owner whose property was most recently under common ownership with the property for sale. Additionally, it introduces a requirement for contiguous property owners to request a joint assessment for property tax purposes.

Furthermore, the bill allows the BOS to sell tax-deeded property directly to homeowners' associations if the property is part of a common area they maintain. It also enables the BOS to establish procedures for accepting monetary offers for properties not sold at auction and for those not eligible for exception sales. The bill makes several technical changes and clarifications to the existing statutes, ensuring a more streamlined process for the sale of tax-deeded properties.

Statutes affected:
Introduced Version: 42-18303
Senate Engrossed Version: 42-18303
Chaptered Version: 42-18303