Plain English Breakdown
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New Rules for Selling Tax-Defaulted Property
This law requires county boards to hold a public hearing and make specific findings about the sale price before they can approve selling property with unpaid taxes.
What This Bill Does
- Requires a board of supervisors to hold a public hearing with notice before approving any sale of tax-defaulted property.
- Mandates that the board must find either the sale price equals or exceeds the tax sale value, or the tax sale value is less than the cost to redeem the property.
- Orders that hearing notices be mailed at least 45 days in advance to the last owner and interested parties with details about the property and proposed price.
- Allows any party who attended the hearing or submitted written evidence to challenge the board's decision in superior court within 45 days if rules were not followed.
- Requires the agency or nonprofit buying the property to pay for all costs related to holding the hearing and making findings.
Who It Names or Affects
- County boards of supervisors who approve sales of tax-defaulted land.
- Taxing agencies, redevelopment agencies, and nonprofits that purchase these properties.
- The last owners (assessee) of the property and other parties with an interest in it.
- Superior courts that may review challenges to board decisions.
Terms To Know
- Tax-defaulted property
- Real estate where taxes have not been paid for five years or more, allowing the government to sell it under existing law.
- Board of supervisors
- The elected group that manages county business and must approve these sales after a hearing.
- Tax sale value
- A defined amount used to compare against the proposed price to ensure fairness in the sale.
Limits and Unknowns
- The official text does not specify an exact effective date for when these new rules begin.
- Reimbursement of costs by the state depends on a future determination by the Commission on State Mandates.
- Courts can only overturn decisions if they find there is no substantial evidence or if specific requirements were missed.