Digest: The Act would set up a means for the former owners of foreclosed real property to get the surplus after the property is sold by the county. (Flesch Readability Score: 60.3).
Provides for a process by which former owners of real property deeded to the county for delinquent property taxes may claim the surplus value after the property has been disposed of by the county.
Takes effect on the 91st day following adjournment sine die.
Statutes affected: Introduced: 312.040, 312.125