1 | 1 | | Stricken language would be deleted from and underlined language would be added to present law. |
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2 | 2 | | *JLL159* 02/26/2025 8:19:09 AM JLL159 |
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3 | 3 | | State of Arkansas 1 |
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4 | 4 | | 95th General Assembly A Bill 2 |
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5 | 5 | | Regular Session, 2025 SENATE BILL 310 3 |
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6 | 6 | | 4 |
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7 | 7 | | By: Senator B. King 5 |
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8 | 8 | | 6 |
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9 | 9 | | 7 |
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10 | 10 | | For An Act To Be Entitled 8 |
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11 | 11 | | AN ACT TO AMEND THE AUTHORITY OF THE COMMISSIONER OF 9 |
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12 | 12 | | STATE LANDS; TO ENABLE THE COMMISSIONER OF STATE 10 |
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13 | 13 | | LANDS TO CONDUCT CERTAIN BUSINESS ONLINE; TO AMEND 11 |
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14 | 14 | | THE PROCEDURE THE COMMISSIONER OF STATE LANDS MUST 12 |
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15 | 15 | | FOLLOW IN SELLING CERTAIN PROPERTY; AND FOR OTHER 13 |
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16 | 16 | | PURPOSES. 14 |
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19 | 19 | | Subtitle 17 |
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20 | 20 | | TO ENABLE THE COMMISSIONER OF STATE 18 |
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21 | 21 | | LANDS TO CONDUCT CERTAIN BUSINESS 19 |
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22 | 22 | | ONLINE; AND TO AMEND THE PROCEDURE THE 20 |
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23 | 23 | | COMMISSIONER OF STATE LANDS MUST FOLLOW 21 |
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24 | 24 | | IN SELLING CERTAIN PROPERTY. 22 |
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25 | 25 | | 23 |
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26 | 26 | | BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 24 |
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27 | 27 | | 25 |
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28 | 28 | | SECTION 1. Arkansas Code § 26-37-202(b)(1)(B), concerning the 26 |
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29 | 29 | | procedure to sell tax -delinquent property, is amended to read as follows: 27 |
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30 | 30 | | (B) The Commissioner of State Lands may conduct a tax-28 |
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31 | 31 | | delinquent property auction or an unsold-property auction under subdivision 29 |
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32 | 32 | | (b)(1)(A) of this section online. 30 |
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33 | 33 | | 31 |
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34 | 34 | | SECTION 2. Arkansas Code § 26 -37-202(e)(1)(A), concerning the 32 |
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35 | 35 | | procedure to sell tax -delinquent property, is amended to read as follows: 33 |
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36 | 36 | | (e)(1)(A) If a tax-delinquent parcel is to be offered at an in-person 34 |
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37 | 37 | | a tax-delinquent property auction, then at least thirty (30) calendar days 35 |
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38 | 38 | | before the date of the sale the Commissioner of State Lands shall notify the 36 SB310 |
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39 | 39 | | |
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40 | 40 | | 2 02/26/2025 8:19:09 AM JLL159 |
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41 | 41 | | owner and all interested parties by regular mail of the right to redeem the 1 |
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42 | 42 | | parcel before 4:00 p.m. central standard time (CST) on the last business day 2 |
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43 | 43 | | before the date of the sale by paying all taxes, penalties, interest, and 3 |
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44 | 44 | | costs due, including the cost of the notice. 4 |
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45 | 45 | | 5 |
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46 | 46 | | SECTION 3. Arkansas Code § 26 -37-202(e)(3)(A), concerning the 6 |
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47 | 47 | | procedure to sell tax -delinquent property, is amended to read as follows: 7 |
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48 | 48 | | (3)(A) If a parcel subject to subdivision (e)(1)(A) of this 8 |
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49 | 49 | | section is not redeemed by the deadline stated in subdivision (e)(1)(A) of 9 |
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50 | 50 | | this section, the parcel shall be offered for sale at an in-person a tax-10 |
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51 | 51 | | delinquent auction, and if sold, a limited warranty deed shall be issued by 11 |
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52 | 52 | | the Commissioner of State Lands to the purchaser. 12 |
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