From official state and federal legislative records. Informational only, not legal advice.
Now law
This is now an official law, recorded in the state's law books.
The governor signed it. Nothing left to watch.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
Fiscal Summary OTHER FISCAL IMPACT Based on multiple unknown variables, any permissive increase in local revenue cannot be determined with reasonably certainty. Bill Summary Present law requires the redemption period to be determined for each parcel based on the period of delinquency. Once the period of delinquency is established, the redemption period is set according to the following scales: If the period of delinquency is five years or less, the redemption period must be one year from the entry of the order confirming the sale. If the period of delinquency is more than five years but less than eight years, the redemption period must be 180 days from the entry of the order confirming the sale. If the period of delinquency is eight years or more, the redemption period must be 90 days from the entry of the order confirming the sale. This bill changes the scales in which a redemption period is set once a period of delinquency has been determined to either of the following: If the period of delinquency is three years or less, the redemption period is one year from the entry of the order confirming the sale. If the period of delinquency is more than three years, the redemption period is 90 days from the entry of the order confirming the sale. This applies to entries of orders confirming a tax sale of a parcel subject to redemption occurring on or after July 1, 2026.