summary
Introduced
01/08/2025
01/08/2025
In Committee
01/08/2025
01/08/2025
Crossed Over
Passed
Dead
04/24/2025
04/24/2025
Introduced Session
2025 Regular Session
Bill Summary
Remediation of tax sale parcels. Permits a county treasurer to require purchasers of designated parcels of real property that are: (1) located in a consolidated city; and (2) subject to tax sale, and purchased at or as a separate part of a tax sale; to submit remediation plans describing how the purchasers will bring the parcels of real property into compliance with a building code or ordinance of a consolidated city after the redemption period ends.
AI Summary
This bill creates a new process for handling tax sale parcels in consolidated cities (large cities with a consolidated city-county government) that are in violation of local building codes or ordinances. The bill allows county treasurers to require purchasers of specific tax sale properties to submit remediation plans detailing how they will bring the properties into compliance with local building codes after the redemption period ends. The county treasurer can designate up to 5% of parcels in a tax sale for this special treatment, which will be sold as a separate part of the regular tax sale. When a tax deed is issued for such a property, the deed must include a requirement that the purchaser remedy any building code violations within 18 months. If the purchaser fails to address these violations, the property becomes subject to forfeiture. Additionally, the county executive must provide an annual report to the legislative council about this remediation program. The bill explicitly excludes properties that are used as a principal residence and have received a homestead standard deduction from these requirements. This legislation aims to help consolidated cities improve property conditions and encourage responsible redevelopment of problematic properties.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
First reading: referred to Committee on Ways and Means (on 01/08/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://iga.in.gov/legislative/2025/bills/house/1086/details |
| BillText | https://iga.in.gov/pdf-documents/124/2025/house/bills/HB1086/HB1086.01.INTR.pdf |
| Fiscal Note #1: Introduced | https://iga.in.gov/pdf-documents/124/2025/house/bills/HB1086/fiscal-notes/HB1086.01.INTR.FN001.pdf |
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