HB177 Alabama 2012 Session
Passed (Not Signed)
Bill Summary
Sponsors
Session
Regular Session 2012
Title
Real Property, tax sales delinquent ad valorem tax, excess amounts paid to a person or entity who has redeemed the property, Sec. 40-10-28 am'd
Description
Under existing law, excess funds arising from the sale of any real estate for taxes may be paid to the owner of the property that has been sold
This bill would clarify that the owner of property entitled to receive such excess funds includes holders of recorded mortgages and would establish the priority of the distribution of any excess funds
To amend Section 40-10-28, Code of Alabama 1975, relating to the distribution of excess funds arising from the sale of real estate for taxes, by defining the terms "owner" and "rightful owner" to include the holder of any recorded mortgages and other persons owning the property; to establish the order of payment of any excess funds; and to provide for the effective date of this act.
Subjects
Ad Valorem Tax
Bill Actions
Action Date | Chamber | Action |
---|---|---|
May 10, 2012 | Died in Basket - with Veto Message from the Governor | |
May 10, 2012 | Delivered to Governor at 3:55 p. m. on May 10, 2012 | |
May 10, 2012 | Signature Requested | |
May 10, 2012 | Clerk of the House Certification | |
May 10, 2012 | Enrolled | |
May 10, 2012 | Concurred in Second House Amendment | |
May 10, 2012 | Clouse motion to Concur In and Adopt adopted Roll Call 1494 | |
May 10, 2012 | Concurrence Requested | |
May 10, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 1322 | |
May 10, 2012 | Motion to Adopt adopted Roll Call 1321 | |
May 10, 2012 | Ward Amendment Offered | |
May 10, 2012 | Third Reading Passed | |
April 12, 2012 | Read for the second time and placed on the calendar | |
April 10, 2012 | Read for the first time and referred to the Senate committee on Banking and Insurance | |
March 22, 2012 | Engrossed | |
March 22, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 531 | |
March 22, 2012 | Motion to Adopt adopted Roll Call 530 | |
March 22, 2012 | Financial Services first Substitute Offered | |
March 22, 2012 | Third Reading Passed | |
March 8, 2012 | Read for the second time and placed on the calendar with 1 substitute and | |
February 7, 2012 | Read for the first time and referred to the House of Representatives committee on Financial Services |
Bill Text
Bill Votes
Bill Documents
Type | Link |
---|---|
Bill Text | HB177 Alabama 2012 Session - Enrolled |
Bill Text | HB177 Alabama 2012 Session - Engrossed |
Bill Text | HB177 Alabama 2012 Session - Introduced |