HB 3143

Delays to December 15 date on which interest begins to accrue on first one-third of property taxes, and other related charges, not paid when due on November 15.

Bill Text

• A-Engrossed
• Enrolled
• House Amendments to Introduced
• Introduced

Delays the date when interest begins to accrue on delinquent property taxes and allows counties to waive or reduce interest for good cause.

Original Bill Text

Overview#

Provides for daily rather than monthly computation of interest on delinquent property taxes. Permits county to authorize waiver or reduction of interest if taxpayer demonstrates good and sufficient cause for late payment. Defines “good and sufficient cause” as extraordinary circumstance beyond taxpayer’s control that caused late payment.] Delays to December 15 date on which interest begins to accrue on first one-third of property taxes, and other related charges, not paid when due on November 15. Takes effect on 91st day following adjournment sine die.

Public Testimony

Legislative History