DE SB97

Authorizes the Town of Smyrna to set the real property tax rate per $100 of assessed value when adopting its annual budget, rather than setting the rate separately after the assessment appeal process.

Removes the requirement that a discount for early tax payment (on or before July 1st) be applied; changes "shall" to "may" to make such discounts optional rather than mandatory.

Clarifies that tax collection begins upon adoption of the resolution approving the final assessment list or supplemental assessment list, rather than upon setting the tax rate.

Changes language from "not less" to "no fewer" when referring to the minimum number of Council members on assessment appeal committees.

Maintains existing provisions for tax penalties on delinquent payments after September 30th and allows the Town Council to impose collection charges to recover costs including court costs, attorney fees, and necessary expenses.