Introduced
by
To eliminate the December property tax collection date beginning in 2005, and establish that all future property taxes will be collected once a year in July. The bill is part of a legislative package comprised of House Bills 5010 to 5020, each of which revises a different section of state law to make this change, or to revise various other dates related to property taxes so that they conform to this change. This bill changes the date by which local assessors must notify the state of the value of taxes which would have been collected on plant rehabilitation and industrial development districts had they not been granted exemptions from certain property taxes.
Referred to the Committee on Tax Policy