IA SF2360

County treasurers would be required to accept partial payments of property taxes as an alternative to annual or semiannual installments, changing current law where acceptance is optional ("may" to "shall")

Partial payments would be held in taxpayer accounts and transferred to apply toward each semiannual tax installment before delinquency dates, with amounts apportioned by the tenth of the following month

If a taxpayer's account balance is insufficient to cover a semiannual installment, the full balance would be applied and interest would attach to any remaining unpaid amount per existing law

The requirement applies to both regular property taxes and taxes on manufactured/mobile homes under Code chapter 435

Provisions take effect for property taxes due and payable in fiscal years beginning on or after July 1, 2026