SCS/HB 1469 - This act modifies several Sections in Chapters 110 and 140, RSMo.

Section 110.130, RSMo, is amended to allow county commissions, commencing in May, 1997, to receive proposals every 2 or 4 years, with an option to rebid in odd-numbered years, from financial institutions seeking to be selected as depositaries of county funds.

Section 140.170, RSMo, is amended to allow delinquent land tax auctions to be conducted at a public auction which is convenient to the courthouse. Currently, tax actions must be conducted "at the courthouse door".

Section 140.190, RSMo, is amended to prohibit the sale of land on which taxes are delinquent to any person who is currently delinquent on any tax payments on any property other than a tax delinquency on the property being offered for sale.

Lastly, Section 140.405, RSMo, regarding redemption of property sold at auction, has been amended to require that notice be given to the publicly recorded owner of the property sold at the delinquent land tax auction.

This act contains provisions which are very similar to SB 914.
RONALD J. LEONE