House Bill No. 591, introduced by Representative Wilder, amends existing laws regarding the sale of adjudicated property and the termination of tax lien certificates in Louisiana. The bill allows the governing authority of a political subdivision to sell adjudicated property at public sale to the highest bidder without the requirement of setting a minimum bid or conducting an appraisal. This provides an alternative to the current requirement that mandates a minimum bid equal to the total amount of statutory impositions, governmental liens, and costs of sale.

Additionally, the bill extends the obligations related to the termination of tax lien certificates to include adjudicated property. Specifically, it requires that the person terminating a tax lien certificate must pay the termination price and any actual costs incurred by the political subdivision, such as certified mail, publication of notice, and personal services for notifications. These changes will take effect for all taxable periods beginning on or after January 1, 2026.

Statutes affected:
HB591 Original: 47:2202(A)(1), 47:2247(A)
HB591 Engrossed: 47:2202(A)(1), 47:2247(A)
HB591 Reengrossed: 47:2202(A)(1), 47:2247(A)