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IN HB1502
Bill
Status
1/16/2019
Primary Sponsor
Vernon Smith
Click for details
AI Summary
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Expands costs attributable to property tax certificate sales to include all county office/department expenses incurred before, during, or after the sale, not just direct sale costs.
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Allows immediate family members (spouse, child, sibling, parent, grandparent, grandchild, including step and adoptive relationships) to serve as tax representatives at property tax assessment board of appeals hearings for owners who are incapacitated or financially unable to hire a certified representative.
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When a local government unit acquires property with unpaid taxes, the tax lien must be released; if the property's assessed value is less than the taxes owed, the previous owner's personal liability for those taxes is also canceled.
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Authorizes the Department of Local Government Finance, with attorney general approval, to cancel property taxes on property owned by nonprofit corporations organized for educational, literary, scientific, religious, or charitable purposes, or by churches and religious entities.
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Requires petitions for nonprofit/religious tax cancellation to be signed by county auditor, assessor, and treasurer, and the department must determine cancellation is in the best interest of the state and taxing units.
Legislative Description
Various property tax matters. Provides that costs directly attributable to the sale of a property tax certificate of sale include all costs of any county office or department, regardless of whether they are incurred before, during, or after the sale. Allows an immediate family member to be a tax representative for a property owner at a property tax assessment board of appeals hearing. Provides that, when a local unit obtains real property from a person on which taxes are owed, the lien for the taxes shall be released (the taxes are canceled under current law) and for such a property requires the cancellation of the personal liability of the grantor for taxes owed if the assessed value of the property is less than the amount of the taxes owed on the property. Permits the department of local government finance under certain circumstances to cancel property taxes imposed on: (1) a nonprofit corporation organized for educational, literary, scientific, religious, or charitable purposes; or (2) any other entity organized as a church or religious entity.
Last Action
First reading: referred to Committee on Ways and Means
1/16/2019