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FL S1062

Bill

Official Source

Status

Failed

5/3/2013

Primary Sponsor

Jack Latvala

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Reduces the interest rate on delinquent real property taxes from 18 percent to 12 percent per year, effective July 1, 2013.
  • Lowers the maximum interest rate on tax certificates from 18 percent to 12 percent per year.
  • Maintains a 3 percent minimum charge for delinquent taxes paid before the sale of a tax certificate.
  • Preserves the 60-day interest-free period following the date of delinquency, except for the mandatory 3 percent interest charge.
  • Does not affect the 18 percent interest rate on personal property taxes.

Legislative Description

Delinquent Real Property Taxes

Last Action

Died in Appropriations Subcommittee on Finance and Tax

5/3/2013

Committee Referrals

Finance and Tax Appropriations Subcommittee3/14/2013
Community Affairs2/25/2013

Full Bill Text

No bill text available