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Bill would bar sale of residential tax deeds to foreign entities, sponsor says
Summary
Senate Bill 306 would prohibit county treasurers from selling tax deeds to residential property to foreign entities or entities without U.S. principal business presence; sponsor said the bill responds to inquiries and aims to keep Montana property in local hands.
Senate Bill 306, introduced by Sen. Ken Bogner, would prohibit a county treasurer from selling a residential property tax deed to a foreign entity, defined in the bill to require that an entity’s principal place of business be within the United States and that it be subject to U.S. jurisdiction.
Sen. Ken Bogner (Senate District 18, Miles City) said the bill responds to inquiries in his district and…
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