2018 Indiana Code
TITLE 6. Taxation
ARTICLE 1.1. PROPERTY TAXES
CHAPTER 24. Sale of Real Property When Taxes or Special Assessments Become Delinquent
6-1.1-24-17. Assignment of a certificate of sale to a nonprofit entity
Sec. 17. (a) For purposes of this section, in a county containing a consolidated city, "county executive" refers to the board of commissioners of the county as provided in IC 36-3-3-10.
(b) As used in this section, "nonprofit entity" means an organization exempt from federal income taxation under 26 U.S.C. 501(c)(3).
(c) The county executive may by resolution:
(1) identify tax sale certificates issued under section 6 of this chapter that the county executive desires to assign to one (1) or more nonprofit entities; and
(2) set a date, time, and place for a public hearing to consider the assignment of the tax sale certificates to the nonprofit entities.
(d) Except as otherwise provided in subsection (e), notice of the tax sale certificates identified under subsection (c) and the date, time, and place for the hearing on the proposed transfer of the tax sale certificates on the list shall be published in accordance with IC 5-3-1. The notice must include a description of the properties associated with the tax sale certificates being considered for assignment by:
(1) parcel number;
(2) legal description; and
(3) street address or other common description.
The notice must specify that the county executive will hear any opposition to the proposed assignments.
(e) For tax sale certificates that are not assigned when initially identified for assignment under this section, the county executive may omit from the notice the descriptions of the tax sale certificates and the properties associated with the tax sale certificates identified under subsection (c) if:
(1) the county executive includes in the notice a statement that the descriptions of those tax sale certificates and the tracts or items of real property associated with the tax sale certificates are available on the Internet web site of the county government or the county government's contractor and the information may be obtained from the county executive in an alternative form upon request in accordance with section 3.4 of this chapter; and
(2) the descriptions of those tax sale certificates and the tracts or items of real property associated with the tax sale certificates are made available on the Internet web site of the county government or the county government's contractor and may be obtained from the county executive in an alternative form upon request in accordance with section 3.4 of this chapter.
(f) After the hearing set under subsection (c), the county executive shall by resolution make a final determination concerning:
(1) the tax sale certificates that are to be assigned to a nonprofit entity;
(2) the nonprofit entity to which each tax sale certificate is to be assigned; and
(3) the terms and conditions of the assignment.
(g) If a county executive assigns a tax sale certificate to a nonprofit entity under this section, the period of redemption of the real property under IC 6-1.1-25 expires one hundred twenty (120) days after the date of the assignment to the nonprofit entity. If a nonprofit entity takes assignment of a tax sale certificate under this section, the nonprofit entity acquires the same rights and obligations as a purchaser of a tax sale certificate under section 6.1 of this chapter.
As added by P.L.251-2015, SEC.19. Amended by P.L.187-2016, SEC.9; P.L.85-2017, SEC.18.
