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House Bill 1899 |
House Author: England |
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Effective: 9-1-07 |
Senate Sponsor: Harris |
House Bill 1899 amends the Tax Code to authorize a taxing unit to petition a court for the foreclosure and sale, in solido or bulk, of multiple parcels of property for which there are five or more years of delinquent taxes owed to the taxing unit. The bill applies to a parcel that is located in a municipality having a population of more than 100,000 that is situated in two or more counties, at least two of which have a population of more than one million, and in a subdivision having an average lot size of one-fifth of an acre or less. House Bill 1899 includes procedures for calculating the value of the land to be sold and for redeeming individual parcels of property from the sale. These provisions expire September 1, 2017.