02/13/2024

House Bill 153

Lead Sponsors: Representative Brett Hillyer

Status: 3rd Hearing in House State and Local Government Committee (October 31, 2023)

Description: The bill eliminates an exception to the law that a county board of revision may only transfer property to the county landbank without a public sale if the delinquent taxes and foreclosure costs exceed the property's fair market value. This exception allows a county to invoke an "alternative redemption period" which shortens the period of time that the property owner may redeem the property by paying the accumulated taxes and foreclosure costs.

CCAO Position: No position (as of July 2024)