Introduced
by
To revise regulations on county borrowing related to the delinquent tax revolving funds they are allowed to maintain, which allow the county to used borrowed money to pay local governments the amount of unpaid taxes they are due, with the county assuming the responsibility for collecting the unpaid taxes and the proceeds when the taxes are collected (for example, when the property is foreclosed and sold at a tax auction).
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 38 to 0 (details)
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-3) be adopted and that the bill then pass.
Passed in the House 108 to 0 (details)
To revise regulations on county borrowing related to the delinquent tax revolving funds they are allowed to maintain, which allow the county to used borrowed money to pay local governments the amount of unpaid taxes they are due, with the county assuming the responsibility for collecting the unpaid taxes and the proceeds when the taxes are collected (for example, when the property is foreclosed and sold at a tax auction).
Passed in the Senate 36 to 0 (details)
To concur with the House-passed version of the bill.