SB 2277

Abstract

Amends the Property Tax Code. Provides that the interest penalty for the delinquent payment of taxes shall be waived if the property owner does not receive a property tax bill for the applicable tax year because the bill was mailed to an incorrect address. Effective immediately. Senate Committee Amendment No. 1 Makes changes to the introduced bill to provide that the interest and penalties shall be waived by the county collector if the property owner does not receive a property tax bill for the applicable tax year because the bill was mailed to an incorrect address due to a mistake and by no fault of the property owner. Senate Floor Amendment No. 3 Replaces everything after the enacting clause. Amends the Property Tax Code. Provides that the interest penalty for the delinquent payment of taxes shall be waived if the county treasurer determines that: (i) the delinquency occurred because the subject tax bill was mailed to an incorrect address or e-mailed to an e-mail address other than the e-mail address provided to the county treasurer by the taxpayer or property owner by January 1 of the applicable tax year; (ii) the mistake was not the fault of the property owner or any other entity liable for the payment of the tax; and (iii) the amount of delinquent taxes is paid in full before the annual tax sale at which the delinquent taxes would be sold. Effective immediately.