AB 2705: Property taxation: tax-defaulted property sales: excess proceeds claims.
This bill would make changes to the process of claiming excess proceeds from the sale of tax-defaulted property. Currently, a person acting on behalf of a party of interest must submit proof of certain disclosures, including advising the party of interest of their right to file a claim directly with the county at no cost. The bill would allow parties of interest to enter into agreements with others to act on their behalf, as long as the agreement clearly advises the party of interest of their right to file a claim directly with the county. This provision would only apply to agreements entered into on or after January 1, 2027.
| Jun. 24, 2026 | In committee: Set, first hearing. Hearing canceled at the request of author. |
| Jun. 18, 2026 | From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on REV. & TAX. |
| Jun. 03, 2026 | Referred to Com. on REV. & TAX. |
| May. 21, 2026 | In Senate. Read first time. To Com. on RLS. for assignment. |
| May. 21, 2026 | Read third time. Passed. Ordered to the Senate. (Ayes 67. Noes 0. Page 5233.) |