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Senate Government Operations reviews bill to shorten tax‑sale redemption and let purchasers secure vacant properties
Summary
The Senate Committee on Government Operations heard testimony on S.196, which would let purchasers secure tax‑sale properties after notice and reduce the redemption period from one year to six months; counsel warned bankruptcy filings can pause the process and senators asked for more testimony from banks, legal aid and municipal officials.
The Senate Committee on Government Operations on Jan. 16 took testimony on S.196, a bill that would allow a purchaser at a municipal tax sale to enter and secure real property after giving written notice to mortgagees and lienholders and would shorten the statutory redemption period from one year to six months.
The change is aimed at preventing further deterioration of vacant properties purchased at tax sales, supporters said. "This bill would make a couple of small changes to 32 V.S.A., the tax sale law," said Cheryl, a former state senator and Rutland alderwoman who described her son's multi‑year litigation after buying a tax‑sale property in 2023. She said the purchaser waited a year before obtaining a tax collector's deed, then…
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