[r20] Rep. Dermody's Bill to Transer Abandoned Properties to New Owners Sails Out of House (1/28/2008)

Monday, January 28, 2008

Start Date: 1/28/2008 All Day
End Date: 1/28/2008
Dilapidated and abandoned properties may soon find new owners, thanks to House Bill 1145, co-authored by Rep. Tom Dermody (R-LaPorte) and Rep. Scott Pelath (D-Michigan City). The bill passed the House today by a 94-0 vote.

"This bill will take great steps toward removing eyesores from our communities," said Rep. Dermody. "Not only do these abandoned properties pose a safety risk and reduce property values, very often no one is paying property taxes on them, shifting the burden to other residents."

HB 1145 allows a county to transfer to a neighboring landowner, for little to no cost, abandoned property for which the county holds a tax deed. The bill requires that all neighboring landowners be notified before sale negotiations or transfer proceedings begin.

"Transferring these abandoned properties to caring local owners will certainly fight a problem many neighborhoods face. The result of these transfers will result in a more equitable tax bill for all," said Rep. Dermody.

HB 1145 now moves to the Indiana Senate.