Requires counties to report and transfer unclaimed surplus proceeds from real property tax sales to the unclaimed property division of the state treasurer after 3 years

Summary

The bill obligates county sheriffs or collectors to report any surplus money from real‑property tax sales, hold it for up to three years, and transfer it to the state treasurer’s unclaimed‑property division if it remains unclaimed. It establishes a priority order for former lienholders and owners to claim the funds, requires counties to notify former owners, and bars interest payments on the surplus. The measure did not pass.

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