§ 6-1.1-24-16 — Paddle fee

(a) The county fiscal body may adopt an
ordinance requiring every person who wishes to participate in a tax sale
as a bidder to pay a paddle fee.
(b) A paddle fee adopted under subsection (a) may not exceed:
(1) twenty-five dollars ($25) for a person who:
(A) attends no more than one (1) tax sale in the county in any
calendar year; and
(B) purchases no more than one (1) property or tax sale
certificate; or
(2) one hundred dollars ($100).
(c) A person may be required to pay the twenty-five dollar ($25)
paddle fee even if the person does not purchase a property or tax sale
certificate.
(d) A person who purchases a one hundred dollar ($100) paddle fee
is permitted to participate as a bidder in as many tax sales as are
offered in the county in the calendar year, and may purchase more than
one (1) property or tax sale certificate.
(e) The treasurer shall deposit the paddle fee in the county general
fund not later than thirty (30) days after the conclusion of the tax sale.
The proceeds of the paddle fee may be used only to:
(1) defray the expenses of the tax sale; or
(2) reduce the number of vacant and abandoned houses, including
rehabilitation, demolition, and foreclosure prevention and
counseling.

Legislative History

As added by P.L.66-2014, SEC.11.