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IN SB0116
Bill
Status
Introduced
1/6/2015
Primary Sponsor
Dennis Kruse
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AI Summary
- County auditors must pay property tax refunds on February 1 of the calendar year following the year in which the refund is allowed
- County auditors must notify fiscal officers of affected taxing units that refunds will be paid in the following calendar year
- Refund amounts equal the allowed claim plus interest if the county auditor fails to pay by the specified date; interest accrues from the date taxes were paid or became payable
- County auditors must deduct refunded amounts from gross tax collections during the next June or December settlement, with deductions completed by December settlement at the latest
- Removes gender-specific language and obsolete provisions from property tax refund law
- Effective date: July 1, 2015
Legislative Description
Property tax refunds. Requires a county auditor to pay a property tax refund on February 1 of the calendar year following the calendar year in which the refund is allowed. Requires the county auditor to provide notice to the fiscal officer of each taxing unit that will be affected by a refund that the refund will be paid in the following calendar year. Removes obsolete provisions and gender specific terms from the property tax refund law.
Last Action
Senator Broden added as coauthor
1/20/2015
Committee Referrals
Local Government1/6/2015
Full Bill Text
No bill text available