2558 AMH FEYJ FLYN 101
HB 2558 - H AMD 669
By Representative Fey
On page 2, line 9, after "for" strike "the principal amount of the unpaid taxes" and insert "no more than the amount of unpaid taxes, including any tax-deferral lien amounts, interest, penalties, and costs,"
On page 2, beginning on line 22, after "payment" strike everything through "property" on line 28 and insert "for any period that the city owns the property"
EFFECT: (1) Requires the county to offer to sell tax title lands to a city for no more than the amount of unpaid taxes, including interest, penalties, costs and the amount of any tax-deferral payment; (2) Removes provisions on the deferment of payment that the county must collect from the housing entity after the city has transferred the property.
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