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 law, which mandates that a minimum bid be set at least equal to the total amount of statutory impositions, governmental liens, and costs of sale.

Additionally, the bill extends the requirement for payment of costs associated with the termination of tax lien certificates to include those for adjudicated property. This means that individuals terminating a tax lien certificate must cover the costs incurred by the political subdivision for notifications and other related services. The provisions of this bill will take effect on January 1, 2026, and will apply to all taxable periods beginning on or after that date.

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)