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Bill

SB 300

Alternative Judicial Sales Procedures

2026 Regular Session Introduced by Ileana Garcia

SB 300 modifies Florida's judicial sales procedures, potentially streamlining foreclosure and tax deed auctions while raising questions about fairness protections and stakeholder impacts.

Introduced
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Bill Summary · SB 300

Legislative bill overview

SB 300 proposes alternative procedures for judicial sales in Florida, likely modifying how courts conduct foreclosure auctions, tax deed sales, or other court-ordered property liquidations. The bill has been referred to judiciary and appropriations committees, suggesting it may involve both procedural changes and potential fiscal impacts.

Why is this important

Judicial sales procedures directly affect homeowners facing foreclosure, municipalities managing tax-delinquent properties, and creditors pursuing debt collection through asset sales. Changes to these processes can influence sale outcomes, recovery rates, and transparency in the judicial system—impacting thousands of Floridians annually.

Potential points of contention

  • Balance between efficiency and protections: Alternative procedures may streamline sales but could reduce safeguards for property owners or reduce competitive bidding that maximizes sale prices
  • Technology and access: Modernized sales procedures (potentially online auctions) may increase accessibility but could disadvantage bidders without digital access or expertise
  • Impact on different stakeholders: Foreclosed homeowners, local governments relying on tax sales, financial institutions, and auction companies have conflicting interests in procedural changes

Compiled from official sources — confirm details with the bill’s official record.

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