Enact the Gus Frangos Act
What changed between versions
Added a new provision requiring the state to reimburse county treasuries to cover the increased costs county auditors face in processing tax reduction applications.
Created a new fund allowing county treasurers or prosecutors to use excess delinquent tax revenue to provide loans for homeowners in mortgage default and to pay for cleaning up or demolishing blighted vacant properties.
Expanded the definition of 'abandoned land' to include properties that are uninhabited, lack utility connections, or show no signs of ongoing improvements or tenancy changes.
Added procedures allowing county boards of revision to transfer foreclosure cases to courts if the case is too complex or if the property is not actually abandoned.
Reformatted the entire document by breaking long lines of text into shorter lines and adding line breaks between words.
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