PROP TX-INDEMNITY FUND

Session: 103rd General Assembly
Year: 2023
Bill #: HB2165
Category: Revenue
Position: No position
Mandate?
Revenue Loss?
Authority Preemption?

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Amends the Property Tax Code. Provides that in counties of 3,000,000 or more inhabitants, the holder of a tax lien certificate on property sold under the Code shall pay to the County Collector an additional 2.5% of the subsequent taxes, interest, and penalties paid by the tax purchaser and posted to the tax judgment, sale, redemption, and forfeiture record. Effective immediately.



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