General Assembly: 78 (1999 Regular GA) - Chapter 4 - Tax sales — date of sale


Published: 1999-02-17

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.

CH. 4 LAWS OF THE SEVENTY-EIGHTH G.A., 1999 SESSION

CHAPTER4 TAX SALES- DATE OF SALE

S.F. 53

4

AN ACT relating to the date of the annual sale of parcels with delinquent property taxes and providing an effective and applicability date.

Be It Enacted by the General Assembly of the State of Iowa:

Section 1. Section 446. 7, unnumbered paragraph 1, Code 1999, is amended to read as follows:

Annually, on the third Monday in June the county treasurer shall offer at public sale all parcels on which taxes are delinquent. The sale shall be made for the total amount of taxes, interest, fees, and costs due. If for good cause the treasurer cannot hold the annual tax sale on the third Monday of June. the treasurer may designate a different date in June for the sale.

Sec. 2. Section 446.9, subsections 1 and 2, Code 1999, are amended to read as follows: 1. A notice of the ~ time~ and place of the annual tax sale shall be served upon the

person in whose name the parcel subject to sale is taxed. The county treasurer shall serve the notice by sending it by regular first class mail to the person's last known address not later than May 1 of each fiscal year. The notice shall contain a description of the parcel to be sold which is clear, concise, and sufficient to distinguish the parcel to be sold from all other parcels. It shall also contain the amount of delinquent taxes for which the parcel is liable each year, the amount of the interest, fees, and the actual cost of publication of the notice as provided in subsection 2, all to be incorporated as a single sum. The notice shall contain a statement that, after the sale, if the parcel is not redeemed within the period provided in chapter 44 7, the right to redeem expires and a deed may be issued.

2. Publication of the~ time~ and place of the annual tax sale shall be made once by the treasurer in at least one official newspaper in the county as selected by the board of supervi- sors and designated by the treasurer at least one week, but not more than three weeks, before the day of sale. The publication shall contain a description of the parcel to be sold that is clear, concise, and sufficient to distinguish the parcel to be sold from all other parcels. All items offered for sale pursuant to section 446.18 may be indicated by an "s" or by an asterisk. The publication shall also contain the name of the person in whose name the parcel to be sold is taxed, the amount delinquent for which the parcel is liable each year, the amount of the interest, fees, costs, and the cost of publication in the newspaper, all to be incorporated as a single sum. The publication shall contain a statement that, after the sale, if the parcel is not redeemed within the period provided in chapter 44 7, the right to redeem expires and a deed may be issued.

Sec. 3. Section 446.28, Code 1999, is amended to read as follows: 446.28 SUBSEQUENT SALE. If for good cause, a parcel cannot be advertised and offered for sale on the third Monday of

June or on another date in June designated by the treasurer, the county treasurer shall make the sale on the third Monday of the next succeeding month in which the required notice can be given.

Sec. 4. EFFECTIVE DATE. This Act, being deemed of immediate importance, takes effect upon enactment and applies to tax sales held on or after that date.

Approved February 17, 1999