Revise tax lien and deed laws and provide equity threshold

HB 420 sought to revise laws concerning property tax liens and tax deeds, impacting property owners with delinquent taxes and other interested parties. The bill proposed extending the time allowed for interested parties to redeem a property and introduced an "equity threshold," which would prevent a tax deed from being issued unless the tax delinquency surpassed a specific value relative to the property's equity. It also aimed to provide additional notices to interested parties, require real-time online bidding for tax lien sales, and establish procedures for distributing surplus funds from sales as unclaimed property. Additionally, the bill redefined certain property types eligible for increased protections.