Ohio HB493 ends the sale of delinquent property tax certificates by January 1, 2027.

Ohio HB493 amends the Revised Code to end the sale of delinquent property tax certificates by January 1, 2027. The bill outlines procedures for public auctions and negotiated sales of tax certificates, including bidder registration, eligibility criteria, and the handling of unsold certificates. It also details the rights and obligations of certificate holders and the procedures for notifying property owners of certificate sales. The bill specifies that no sales or transfers of certificates will occur after December 31, 2026, and any such transactions attempted after this date will be void.

Ohio HB493 ends the sale of delinquent property tax certificates by January 1, 2027.

Ohio HB493 amends the Revised Code to end the sale of delinquent property tax certificates by January 1, 2027. The bill outlines procedures for public auctions and negotiated sales of tax certificates, including bidder registration, eligibility criteria, and the handling of unsold certificates. It also details the rights and obligations of certificate holders and the procedures for notifying property owners of certificate sales. The bill specifies that no sales or transfers of certificates will occur after December 31, 2026, and any such transactions attempted after this date will be void.