Reference is to the bill as introduced.
Amend the bill, as and if amended, in Section 12-51-70, as
contained in SECTION 4, page 2, by striking line 35, and
inserting /bidder is liable for no more than
three five hundred / so that when
amended, Section 12-51-70 reads:
/ Section 12-51-70.
In case If the successful bidder
fails to remit in legal tender within the time specified, the
person officially charged with the collection of delinquent
taxes shall cancel that bid and duly readvertise the same
property for sale, in the same manner, on a subsequent
delinquent tax sale date. The defaulting bidder is liable for
no more than three five hundred dollars
damages upon default, which may be collected by suit by the
person officially charged with the collection of delinquent
taxes in the name of the taxing authority. /
Renumber sections to conform.
Amend title to conform.