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IN HB1558
Bill
Status
1/17/2019
Primary Sponsor
Vernon Smith
Click for details
AI Summary
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County fiscal bodies may adopt an ordinance before July 1, 2019, to establish a property tax amnesty program that waives all interest and penalties added before January 1, 2019, on delinquent property taxes and special assessments
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Taxpayers qualify for the waiver if all delinquent taxes were first due before January 1, 2019, and the taxpayer pays all delinquent amounts plus any taxes due between December 31, 2018, and July 1, 2020
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The amnesty program applies from June 30, 2019, through July 1, 2020, and the waiver must be granted regardless of any existing payment arrangements between the county treasurer and taxpayer
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Tax sale notices for properties sold between June 30, 2019, and July 1, 2020, must include a statement indicating whether an amnesty ordinance is in effect and explain the circumstances for penalty waivers
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Declared an emergency measure, effective immediately upon passage
Legislative Description
Waiver of penalties and interest. Provides that the fiscal body of a county may adopt an ordinance to establish a property tax amnesty program and require waiver of interest and penalties added before January 1, 2019, on delinquent taxes and special assessments on real property in the county if: (1) all of the delinquent taxes and special assessments on the real property were first due and payable before January 1, 2019; and (2) before July 1, 2020, the taxpayer has paid all of these delinquent taxes and special assessments and has also paid all of the taxes and special assessments that are first due and payable after December 31, 2018. Requires the waiver of interest and penalties in these circumstances, notwithstanding any payment arrangement entered into by the county treasurer and the taxpayer.
Last Action
First reading: referred to Committee on Ways and Means
1/17/2019