Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate committee approves penalty for dishonored payment instruments at tax-delinquent auctions
Summary
The committee approved House Bill 1224 to authorize a penalty of 10% or $20 (whichever is greater) for dishonored checks or stopped payments used to purchase tax-delinquent parcels, and requires notification to the payer before further action. Sponsors said the measure addresses hundreds of dishonored instruments in recent years.
House Bill 1224, presented by Representative Marcus Richmond, passed the Senate Revenue & Tax Committee by voice vote after testimony from the Commission of State Lands. The bill adds an enforcement mechanism for dishonored instruments tendered in connection with tax-delinquent parcel sales.
Representative Richmond told the committee that in the last four years 154 instruments were submitted and dishonored and that in the last two years 74 instruments were submitted and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
