Bill > HB796

This bill modifies two key aspects of Kentucky law related to delinquent tax liens. First, it changes the notification requirements for third-party purchasers of delinquent tax certificates, specifically reducing the initial notification window from 50 to 30 days after purchasing a certificate of delinquency and requiring notices to be sent once every six months instead of annually. The bill also updates provisions about how third-party purchasers must obtain and verify property owner addresses, including working with county property valuation administrators to ensure accurate contact information. Second, the bill adds a new requirement that notices about delinquent tax certificates must now include information about the homestead exemption application process, ensuring taxpayers are informed about potential property tax relief options. These changes aim to improve communication with property owners facing tax delinquency and provide more timely and comprehensive information about their tax status and potential options for resolving outstanding tax debts.