OR HB3199 | 2019 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on June 30 2019 - 100% progression
Action: 2019-06-30 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Summary

Requires county treasurer to distribute excess proceeds from sale of real property acquired by foreclosure of delinquent tax liens, or by exchange for land originally acquired by foreclosure of delinquent tax liens, to holders of liens unsatisfied at time of foreclosure and to property owner at time of foreclosure or any transferee or successor in interest of owner. Requires county treasurer to provide notice of distribution requirements and process to lienholders and owners. Requires circuit court to determine priority of liens. Provides that total amount distributed may not exceed amount of unsatisfied liens and equity interest of owner at time property was deeded to county. Takes effect on 91st day following adjournment sine die.

Tracking Information

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Title

Relating to tax lien foreclosure proceeds; prescribing an effective date.

Sponsors


History

DateChamberAction
2019-06-30HouseIn committee upon adjournment.
2019-03-06HouseReferred to Revenue.
2019-02-28HouseFirst reading. Referred to Speaker's desk.

Oregon State Sources


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