SB504 (2018) Detail

Relative to sales of tax-deeded property.


CHAPTER 149

SB 504-FN - FINAL VERSION

 

02/15/2018   0525s

2018 SESSION

18-2864

06/10

 

SENATE BILL 504-FN

 

AN ACT relative to sales of tax-deeded property.

 

SPONSORS: Sen. Bradley, Dist 3; Rep. Umberger, Carr. 2; Rep. Butler, Carr. 7

 

COMMITTEE: Public and Municipal Affairs

 

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AMENDED ANALYSIS

 

This bill permits the governing body to dispose of liens or tax deeded property other than by sealed bid or public auction if it is in the public interest.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

02/15/2018   0525s 18-2864

06/10

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Eighteen

 

AN ACT relative to sales of tax-deeded property.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

149:1  Transfer of Tax Liens.  Amend RSA 80:80 to read as follows:

80:80  Transfer of Tax Lien.

I.  No transfer of any tax lien upon real estate acquired by a town or city as a result of the execution of the real estate tax lien by the tax collector for nonpayment of taxes thereon shall be made to any person by the municipality during the 2-year period allowed for redemption, nor shall title to any real estate taken by a town or city in default of redemption be conveyed to any person, unless the town, by majority vote at the annual meeting, or city council by vote, shall authorize the [selectmen or the mayor] governing body to transfer such lien or to convey such property by deed.

II.  If the [selectmen or mayor are] governing body is so authorized to convey such property by deed, either a public auction shall be held, or the property may be sold by advertised sealed bids.  The [selectmen or mayor] governing body shall have the power to establish a minimum amount for which the property is to be sold and the terms and conditions of the sale.

II-a.  If the [selectmen or mayor are] governing body is authorized to transfer such liens during the 2-year redemption period, either a public auction shall be held, or the liens may be sold by advertised sealed bids.  The [selectmen or mayor] governing body may establish minimum bids, and may set the terms and conditions of the sale.  Such liens may be sold singly or in combination, but no fractional interest in any lien shall be sold.  Such transfer shall not affect the right of the owner or others with a legal interest in the land to redeem the tax lien pursuant to RSA 80:69, or make partial payments in redemption pursuant to RSA 80:71, but the transferee shall become the lienholder for purposes of RSA 80:72 and 80:76.

III.  The [selectmen] governing body may, by a specific article in the town warrant, or [the mayor may,] by ordinance, [may] be authorized to dispose of [a lien] liens or tax deeded [property] properties in a manner other than [otherwise] as provided in this section, as justice may require.  Before proceeding under this provision, the governing body shall make an affirmative finding that disposal by a method other than sealed bid or public auction is in the public interest.

IV.  Such authority to transfer or to sell shall continue in effect for one year from the date of the town meeting or action by the city or town council provided, however, that the authority to transfer tax liens, or to sell real estate acquired in default of redemption, or to vary the manner of such sale or transfer as justice may require, may be granted for an indefinite period, in which case the warrant article or vote granting such authority shall use the words "indefinitely, until rescinded'' or similar language.

V.  Towns and cities may retain and hold for public uses real property the title to which has been acquired by them by tax collector's deed, upon vote of the town meeting or city council approving the same.

VI.  For purposes of this section, the authority to dispose of the property "as justice may require'' shall include the power of the [selectmen or mayor] governing body to:

(a)  Engage a real estate agent or broker to list and sell the property, including a sale conditional on the buyer's obtaining development approvals;

(b)  Sell undeveloped parcels to abutters for consolidation into adjoining lots for the purpose of affordable housing development, preserving open space, or reducing  development density; or

(c)  Convey the property to a former owner, or to a third party for benefit of a former owner, upon such reasonable terms as may be agreed to in writing, including the authority of the municipality to retain a mortgage interest in the property, or to reimpose its tax lien, contingent upon an agreed payment schedule, which need not necessarily reflect any prior redemption amount.  Any such agreement shall be recorded in the registry of deeds.  This paragraph shall not be construed to obligate any municipality to make any such conveyance or agreement.

149:2  Effective Date.  This act shall take effect 60 days after its passage.

 

Approved: May 30, 2018

Effective Date: July 29, 2018

 

 

Links


Date Body Type
Jan. 17, 2018 Senate Hearing
Feb. 15, 2018 Senate Floor Vote
March 27, 2018 House Hearing
April 11, 2018 House Exec Session
House Floor Vote
April 19, 2018 House Floor Vote

Bill Text Revisions

SB504 Revision: 4068 Date: June 4, 2018, 9:48 a.m.
SB504 Revision: 3555 Date: April 20, 2018, 10:56 a.m.
SB504 Revision: 3083 Date: Feb. 23, 2018, 10:45 a.m.
SB504 Revision: 2769 Date: Dec. 20, 2017, 12:13 p.m.

Docket


May 30, 2018: Signed by the Governor on 05/30/2018; Chapter 0149; Effective 07/29/2018


April 26, 2018: Enrolled (In recess 04/26/2018); SJ 15


April 26, 2018: Enrolled 04/26/2018


April 19, 2018: Ought to Pass: MA DV 239-57 04/19/2018 HJ 13 P. 30


April 19, 2018: Removed from Consent (Rep. Marple) 04/19/2018 HJ 13 P. 2


: Committee Report: Ought to Pass (Vote 17-1; CC)


April 19, 2018: Committee Report: Ought to Pass for 04/19/2018 (Vote 17-1; CC) HC 15 P. 8


April 11, 2018: Executive Session: 04/11/2018 LOB 301


March 27, 2018: Public Hearing: 03/27/2018 01:30 PM LOB 301


March 7, 2018: Introduced 03/07/2018 and referred to Municipal and County Government HJ 7 P. 52


Feb. 15, 2018: Ought to Pass with Amendment 2018-0525s, MA, VV; OT3rdg; 02/15/2018; SJ 4


Feb. 15, 2018: Committee Amendment # 2018-0525s, AA, VV; 02/15/2018; SJ 4


Feb. 15, 2018: Committee Report: Ought to Pass with Amendment # 2018-0525s, 02/15/2018; SC 7


Jan. 17, 2018: Hearing: 01/17/2018, Room 102, LOB, 10:00 am; SC 2


Jan. 3, 2018: To Be Introduced 01/03/2018 and Referred to Public and Municipal Affairs; SJ 1