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Bill > LB679


NE LB679

Change provisions relating to the sale of real property for delinquent taxes


summary

Introduced
01/22/2025
In Committee
01/24/2025
Crossed Over
Passed
Dead

Introduced Session

109th Legislature

Bill Summary

A BILL FOR AN ACT relating to revenue and taxation; to amend section 77-1909, Reissue Revised Statutes of Nebraska, and sections 77-1802, 77-1807, 77-1818, and 77-1837, Revised Statutes Cumulative Supplement, 2024; to provide for negotiated sales of multiple parcels of real property for delinquent taxes by a county board; to change notice provisions relating to the issuance of a tax certificate; to change provisions relating to the award of attorney's fees in foreclosure proceedings; to harmonize provisions; and to repeal the original sections.

AI Summary

This bill modifies provisions relating to the sale of real property for delinquent taxes in Nebraska, introducing several key changes. It establishes a new "negotiated bulk sale" process that allows county boards to sell multiple parcels of delinquent tax property to one or more buyers with flexible terms, including the ability to charge a reasonable administrative fee. The bill updates notice requirements for tax certificate issuance, specifically requiring purchasers to attempt personal service notification to property owners about the sale, and allows an administrative fee for such notification efforts. In tax foreclosure proceedings, the bill standardizes attorney's fees by setting a base amount of $2,500 that can be awarded to plaintiffs, with provisions for seeking additional fees beyond that base amount. The legislation also introduces an annual adjustment mechanism for attorney's fees based on the Consumer Price Index for the Midwest Region, ensuring the fee amount keeps pace with inflation. These changes aim to provide more flexibility and clarity in the process of selling properties with delinquent taxes, while also establishing more structured guidelines for notification and legal fee recovery.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Revenue Hearing (13:30:00 2/26/2025 Room 1524) (on 02/26/2025)

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