Bill > SB2020

This bill amends Mississippi law concerning tax sales of land. Previously, if land was sold for more than the amount of taxes and costs due, the excess amount, known as an "overbid," could be claimed by the original landowner within two years after the redemption period expired. This bill changes that by removing the landowner's right to request payment of any overbid amount. Instead, any excess funds from a tax sale will now be permanently retained by the county in its general fund, regardless of whether the land is redeemed or if the sale is later invalidated.

Government Affairs

https://billstatus.ls.state.ms.us/2026/pdf/history/SB/SB2020.xml