HB17-1049

HB17-1049 - Eliminate Property Tax Abatement Refund Interest

Passed/Signed into Law
Concerning the elimination of refund interest related to a property tax abatement.

If property taxes are levied erroneously or illegally and a taxpayer has not protested the valuation within the time permitted by law, then the taxpayer has 2 years from the start of the property tax year to file a petition for abatement or refund. The board of county commissioners is required to abate the taxes, and the taxpayer is entitled to a refund for the incorrect amount and, in some circumstances, refund interest equal to 1% per month. The bill delays the start of the refund interest so that it accrues from the date a complete abatement petition is filed, with the exception of an abatement or refund for taxes paid as a result of omitted property being added to the assessment roll.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

 

House Committees

Senate Committees

Latest update: April 24, 2017
04/24/2017 - Governor Signed
04/20/2017 - Sent to the Governor
04/20/2017 - Signed by the President of the Senate
04/19/2017 - Signed by the Speaker of the House
03/31/2017 - House Considered Senate Amendments - Result was to Concur - Repass
03/30/2017 - House Considered Senate Amendments - Result was to Laid Over Daily
03/29/2017 - Senate Third Reading Passed - No Amendments
03/28/2017 - Senate Second Reading Passed with Amendments - Committee
03/27/2017 - Senate Second Reading Laid Over Daily - No Amendments
03/23/2017 - Senate Committee on Finance Refer Amended to Senate Committee of the Whole
03/09/2017 - Senate Committee on Finance Witness Testimony and/or Committee Discussion Only
02/15/2017 - Introduced In Senate - Assigned to Finance
02/15/2017 - House Third Reading Passed - No Amendments
02/13/2017 - House Second Reading Passed with Amendments - Committee, Floor
02/08/2017 - House Committee on Finance Refer Amended to House Committee of the Whole
01/11/2017 - Introduced In House - Assigned to Finance