HB 1132-1_ Filed 03/27/2013, 14:54 Holdman

SENATE MOTION


MADAM PRESIDENT:

    I move
that Engrossed House Bill 1132 be amended to read as follows:

SOURCE: Page 1, line 1; (13)MO113202.1. -->     Page 1, between the enacting clause and line 1, begin a new paragraph and insert:
SOURCE: IC 32-29-7-8.5; (13)MO113202.1. -->     "SECTION 1. IC 32-29-7-8.5, AS ADDED BY P.L.73-2010, SECTION 8, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2013]: Sec. 8.5. (a) Before the date of a sheriff's sale of property under section 3(c) of this chapter, the party that filed the praecipe for the sheriff's sale shall pay the following:
        (1) If a certificate of sale issued under IC 6-1.1-24 is outstanding:
            (A) the amount necessary for redemption of the property under IC 6-1.1-25; and
            (B) all delinquent property taxes, special assessments, penalties, and interest that:
                (i) are not covered by the redemption referred to in clause (A); and
                (ii) are due and owing on the property on the date of the sheriff's sale.
        (2) If subdivision (1) does not apply, all delinquent property taxes, sewer liens described in IC 36-9-23-32, special assessments, penalties, and interest that are due and owing on the property on the date of the sheriff's sale.
    (b) If the payments required under subsection (a) are not made in full by the date of the sale, the sheriff:
        (1) shall cancel the sheriff's sale; and
        (2) may conduct the sheriff's sale only:
            (A) upon evidence that the payments required under subsection (a) have been made in full; and
            (B) after a subsequent praecipe is filed, costs are paid, and the sheriff's sale is advertised under this chapter.".
    Renumber all SECTIONS consecutively.
    (Reference is to EHB 1132 as printed March 22, 2013.)

________________________________________

Senator HOLDMAN


MO113202/DI 97
2013