Montana HB420 revises tax lien and tax deed laws, including extending redemption periods, requiring additional notices, and setting equity thresholds.

Montana HB420 amends various sections of the Montana Code Annotated to revise tax lien and tax deed laws. It extends the redemption period for property tax liens and requires additional notices to interested parties. The bill mandates that a tax deed cannot be issued unless the delinquency exceeds certain equity thresholds. It also requires online bidding in real time for tax deed auctions and specifies the distribution of surplus funds as unclaimed property.

Montana HB420 revises tax lien and tax deed laws, including extending redemption periods, requiring additional notices, and setting equity thresholds.

Montana HB420 amends various sections of the Montana Code Annotated to revise tax lien and tax deed laws. It extends the redemption period for property tax liens and requires additional notices to interested parties. The bill mandates that a tax deed cannot be issued unless the delinquency exceeds certain equity thresholds. It also requires online bidding in real time for tax deed auctions and specifies the distribution of surplus funds as unclaimed property.