IN HB1174 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2012 - 25% progression, died in committee
Action: 2012-01-09 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 9 2012 - 25% progression, died in committee
Action: 2012-01-09 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Reduces the interest rate that a taxpayer must pay to redeem property that is sold at a tax sale from 10% to 6% if the property is redeemed within six months, from 10% to 6% per annum on amounts paid over the minimum bid and for taxes and special assessments paid after the date of sale, and from 15% to 10% if the property is redeemed after six months.
Title
Tax sale redemption interest rates.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2012-01-09 | First reading: referred to Committee on Ways and Means | |
2012-01-09 | Authored by Representative Goodin |
Indiana State Sources
Type | Source |
---|---|
Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2012&session=1&request=getBill&doctype=HB&docno=1174 |
Text | http://www.in.gov/legislative/bills/2012/IN/IN1174.1.html |