Property tax sales-highest bidder.

2015
STATE OF WYOMING
15LSO-0409
Numbered
2.1

HOUSE BILL

NO.
HB0102

Property tax sales-highest bidder.

Sponsored by:
Representative(s) Zwonitzer, Dv. and Senator(s) Johnson

A BILL

for

AN ACT relating to property taxes; requiring real property tax sales to be made to the highest bidder at public auction; specifying the amount to be paid for redemption; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 39
‑
13
‑
108(e)(iii)(B) and
by creating a new subparagraph (F) and 39
‑
13
‑
109(e)(iv)(A)(intro) are amended to read:

39
‑
13
‑
108
.

Enforcement.

(e)

Tax sales. The following shall apply:

(iii)

The following shall apply to the time and place of sale, the purchasers, unsold property and the certificate of purchase:

(B)

Any person who offers
Sales may
be made by
lottery or by
public auction, without appraisal, to the highest bidder for cash whose bid is at least sufficient

to pay the amount of taxes, interest, penalties and costs including charges provided by paragraph (ix) of this subsection due on any real property
.

is considered the purchaser thereof.

The purchaser shall immediately pay the county treasurer all amounts due on the real property in the absence of which the real property shall again be offered for sale and the original purchaser disqualified. Any real property which cannot be sold for the amount of taxes, interest, penalties and costs shall be bid in for the county by the county treasurer. Real property bid in for the county shall be assessed each year and taxes placed thereon the same as other real property but shall be placed on a separate assessment roll and the valuation shall not be included in the county valuation. A list of the property shall be sent to the board on the first Monday in July for statistical purposes;

(F)

Any amount paid by a purchaser under subparagraph (B) of this paragraph that is in excess of
amounts due for
taxes, interest, penalties and costs, including the charges provided by paragra
ph (ix) of this subsection,
shall be considered and distributed the same as tax monies collected from similar property in the county.

39
‑
13
‑
109
.

Taxpayer remedies.

(e)

Redemption. The following shall apply:

(iv)

A person redeeming real property from a person holding a certificate of purchase shall pay the following amounts, excluding attorney's fees, before being entitled to a certificate of redemption:

(A)

The amount
for which the property was sold
of taxes, interest, penalties and costs, including charges provided by W.S. 39
‑
13
‑
108(e)(ix) paid by the purchaser

at the tax sale
but excluding any excess amount paid as provided in W.S. 39
‑
13
‑
108(e)(ii
i
)(F)
,
or in the case of a partial redemption, the amount allocated by the
county assessor to the portion being redeemed, including the charges provided by W.S. 39
‑
13
‑
108(e)(ix)(A) and (B) plus:

Section
2
.

This
act is effective July 1,
2015
.

(END)

1
HB0102