Bill > LB1253

This bill amends a Nebraska law concerning tax deed proceedings, which are legal processes to transfer ownership of property when property taxes are not paid. Specifically, it modifies Section 77-1837.01 of the Revised Statutes Cumulative Supplement, 2024, which dictates which laws apply to tax sale certificates, which are documents representing a lien on a property for unpaid taxes. The bill removes a reference to subsection (3) and adds new subsections (2) through (4) to clarify the governing laws for different periods. The key change is the addition of a new provision stating that tax sale certificates issued between January 1, 2022, and May 7, 2025, will be subject to the laws and statutes in effect on May 7, 2025, for all matters related to tax deed proceedings, including notification and application processes, and foreclosure proceedings. The original version of Section 77-1837.01 is repealed, and the bill declares an emergency, meaning it will take effect immediately upon passage and approval.

Budget and Finance

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=63202