Senate Bill No. 2038 Summary

• Synchronizes the taxable year for mobile homes with real property by aligning both to a January 1 - December 31 calendar year and changing mobile home tax due dates to January 10 following the taxable year.

• Modifies mobile home tax payment deadlines and penalty schedules, establishing a two percent penalty for first installment delinquency after March 1 and a six percent penalty for second installment delinquency after October 15.

• Requires tax permits for mobile homes to be issued upon proper application to the county director of tax equalization rather than requiring full payment before issuance, with a fifty dollar monthly penalty for failure to obtain permits or endorsements.

• Changes mobile home tax calculation to use mill levies as of December 1 of the taxable year instead of the preceding year, and modifies proration rules for mobile homes acquired or moved mid-year.

• Effective for taxable years beginning after December 31, 2012, with transitional provisions allowing 2013 mobile home taxes to be paid under the previous law if due in 2013.