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FL H0421

Bill

Status

Failed

5/3/2013

Primary Sponsor

Janet Adkins

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Increases the interest rate on delinquent real property taxes from 12 percent to 18 percent per year from the date of delinquency until a certificate is sold
  • Maintains a minimum charge of 3 percent for delinquent taxes paid before the sale of a tax certificate
  • Increases the maximum interest rate on tax certificates from 12 percent to 18 percent per year
  • Preserves the 60-day period following delinquency during which tax certificates may not bear interest, except for the mandatory 3 percent charge
  • Takes effect July 1, 2013

Legislative Description

Delinquent Real Property Taxes

Last Action

Died in Finance and Tax Subcommittee

5/3/2013

Committee Referrals

Finance and Tax Subcommittee1/30/2013

Full Bill Text

No bill text available