SB 675
Lowers the interest rate imposed on unpaid property taxes to one-half of one percent per month.
| Status | In Senate Committee (SFR) |
| Requested by | (at the request of Senator Noah Robinson) |
| Sponsors | Daniel Bonham (Republican) (Chief), Noah Robinson (Republican) (Chief) |
| Fiscal impact | May have fiscal impact, but no statement yet issued |
| Revenue impact | May have revenue impact, but no statement yet issued |
Bill Text
Lowers the interest rate on unpaid property taxes to one-half of one percent per month.
Overview#
Digest: The Act would lower the interest rate on unpaid property taxes to one-half of one percent per month. (Flesch Readability Score: 67.3). Lowers the interest rate imposed on unpaid property taxes to one-half of one percent per month. Takes effect on the 91st day following adjournment sine die.
Legislative History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-13 | S | Introduction and first reading. Referred to President's desk. |
| 2025-01-17 | S | Referred to Finance and Revenue. |
| 2025-06-27 | S | In committee upon adjournment. |