DE HB418

Increases the late penalty on unpaid taxes in Laurel from 3% to 5% per annum for each month taxes remain unpaid after November 1st, effective beginning with the 2005-2006 tax year.

Maintains the 1% discount for taxes paid by September 30th and establishes November 1st as the delinquency date, with authority for the Town Council to modify these terms by resolution at least 30 days prior to each fiscal year.

Raises the maximum fine for violating a Town ordinance from $500 to $2,500 per offense, along with the existing option of up to 60 days imprisonment or both.

Authorizes the Town to assess charges levied as taxes against property owners in violation of ordinances to recover the full costs expended by the Town in remedying the violation.