Plain English Breakdown
The official source mentions 'specified conditions' must be met for the deferral but does not list what those specific conditions are beyond the emergency declaration and application status.
Changes to Property Tax Payment Plans During Emergencies
This law allows taxpayers who have either an active installment plan or a submitted application for one to pause payments for up to one year during a state of emergency.
What This Bill Does
- Allows property owners to choose to pay overdue taxes on defaulted properties in installments.
- Permits a one-year delay in making installment payments if the Governor declares a county is in an emergency or disaster due to major misfortune or calamity and other conditions are met.
- Expands eligibility for payment delays so taxpayers can request them even if they have only submitted an application for the plan, not just those with active plans.
- Removes an outdated definition from property tax laws regarding these payment options.
Who It Names or Affects
- Property owners who owe delinquent taxes on their properties
- People who have applied for or are in a permanent installment plan to pay back taxes
- County officials managing property tax collections during emergencies
Terms To Know
- Assessee
- The person whose property is being taxed, usually the homeowner.
- Delinquent taxes
- Taxes that were not paid by the due date and are now overdue.
- Tax-defaulted property
- Land or buildings where the owner has failed to pay required property taxes.
Limits and Unknowns
- The one-year payment pause only applies if a Governor declares an emergency due to major misfortune or calamity.
- Other specific conditions must be met for the deferral, but this text does not list all of them.
- This law changes who qualifies for a delay based on when they applied, but it does not change how much tax is owed.