PROP TX-INDEMNITY FND & SRVICE

Amends the Property Tax Code. Provides that the fee equal to 5% of taxes, interest, and penalties paid by the purchaser at a tax sale that is required to be paid by each person purchasing property at a sale under the Code shall not be paid after June 30, 2005 (now, is not required after December 31, 2006). Provides that service of notice of the tax sale of property and the expiration of the period of redemption may be completed by regular mail (now, by registered or certified mail). Makes other changes.