LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
FISCAL IMPACT STATEMENT
LS 6017 NOTE PREPARED: Aug 30, 2024
BILL NUMBER: HB 1086 BILL AMENDED:
SUBJECT: Remediation of Tax Sale Parcels.
FIRST AUTHOR: Rep. Moed BILL STATUS: As Introduced
FIRST SPONSOR:
FUNDS AFFECTED: GENERAL IMPACT: Local
DEDICATED
FEDERAL
Summary of Legislation: This bill permits a county treasurer to require purchasers of designated parcels
of real property that are: (1) located in a consolidated city; and (2) subject to tax sale, and purchased at or
as a separate part of a tax sale; to submit remediation plans describing how the purchasers will bring the
parcels of real property into compliance with a building code or ordinance of a consolidated city after the
redemption period ends.
Effective Date: July 1, 2025.
Explanation of State Expenditures:.
Explanation of State Revenues:
Explanation of Local Expenditures: Marion County Treasurer: This bill will result in an increase in the
administrative workload for the Marion County Treasurer’s office. The treasurer may require purchasers of
tax sale properties that have building code or ordinance violations to submit a remediation plan for how the
purchaser intends to rectify the violations. Additionally, the treasurer will have to designate those parcels
that have building code or ordinance violations prior to the parcels being included in a tax sale.
Marion County Auditor: This bill will result in a minor, temporary increase in the administrative workload
for the Marion County Auditor’s office. The auditor will be required to include certain language in the tax
deed for a property that has a building code or ordinance violation and that is purchased at a tax sale. The
language is to state that the purchaser must remedy any building code or ordinance violations not later than
18 months after the date the tax deed is issued.
Marion County Executive: This bill will result in an increase in the administrative workload for the Marion
County Executive. The county executive will be required to submit a report on an annual basis to the
Legislative Council that details the remediation program for the real properties referenced in this bill.
Explanation of Local Revenues:
HB 1086 1 State Agencies Affected:
Local Agencies Affected: Marion County Treasurer; Marion County Auditor; Marion County Executives.
Information Sources:
Fiscal Analyst: James Johnson, 317-232-9869.
HB 1086 2