SB129: AN ACT relating to property.
Legislative Summary
Amend KRS 99.727 to define "diverted tax delinquency purchaser" and "third-party purchaser"; require a certificate of delinquency related to property remaining in a tax delinquency diversion program at the expiration of the program's five year period to be made available for purchase by third-party purchasers; allow diverted tax delinquency purchasers to purchase certificates of delinquency related to property included in a tax delinquency diversion program during the program's five year period; set requirements for the county attorney related to the sale of the certificates of delinquency; set requirements for a third-party purchaser registering as a diverted tax delinquency purchaser; require the Department of Revenue to promulgate administrative regulations for the purchase and sale of the certificates of delinquency; amend KRS 134.128 to conform.
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Bill History
Amendments
Senate Committee Substitute
Senate Committee Substitute 1
Senate Committee Substitute
Local Mandate to Senate Committee Substitute 1
House Committee Substitute
House Committee Substitute 1
House Committee Substitute
Local Mandate to House Committee Substitute 1
House Committee Amendment
House Committee Amendment 1