Senate Bill No. 617 Summary

• Allows nonprofit corporations in Marion County that own multiple exempt parcels but failed to timely file an exemption application for one parcel to file late before September 1, 2013.

• Late-filed exemption applications are treated as timely filed if the nonprofit demonstrates the parcel would have qualified for exemption under existing law.

• Exempts qualified taxpayers from paying property taxes, penalties, and interest for the March 1, 2011, and March 1, 2012, assessment dates on the eligible parcel.

• Entitles qualified taxpayers to refunds of any property taxes, penalties, or interest already paid for the March 1, 2011, and March 1, 2012, assessment dates.

• Applies retroactively to January 1, 2011, and expires July 1, 2017.