Relating to the manner in which an individual who has elected to defer collection of a tax, abate a suit to collect a delinquent tax, or abate a sale to foreclose a tax lien on the individual's residence homestead is listed on the delinquent tax roll of a taxing unit.
Impact
The bill is expected to have a significant impact on how local taxing units record tax delinquencies, especially concerning individuals who take advantage of tax deferral programs. By differentiating between deferred and delinquent taxes, SB539 aims to ease financial burdens on homeowners who may be facing difficulties. This adjustment is particularly relevant in the context of property owners managing financial hardship as it helps prevent the misperception that they are delinquent in their tax obligations when, in fact, they have legally deferred payments.
Summary
Senate Bill 539 aims to modify the manner in which individuals who defer collection of taxes, abate suits on delinquent taxes, or abate foreclosure sales on their residence homestead are listed on the delinquent tax rolls of taxing units. The bill stipulates that if taxes have been legally deferred, they should be marked as deferred on tax rolls rather than delinquent. This change is intended to provide clarity and fairness in the way tax liabilities are represented for homeowners who are eligible for tax deferrals.
Sentiment
The sentiment around SB539 appears to be largely positive, as both the Senate and House passed the bill with overwhelming support. In committee discussions, members noted the necessity of this legislation to correct existing miscommunications about tax statuses. There were no recorded objections during the public testimony, indicating a clear consensus on the importance of distinguishing deferred taxes from delinquent ones.
Contention
Notable points of contention were minimal, as the bill did not face significant opposition during its progression through legislative committees. However, there was an acknowledgment that this bill could lead to broader discussions about tax policy and the responsibilities of taxing authorities to accurately represent taxpayer statuses. The ramifications of this bill could spark future debates on how tax deferrals are administered and communicated to the public, especially in times of economic uncertainty.
Relating to the manner in which an individual who has elected to defer collection of a tax, abate a suit to collect delinquent tax, or abate a sale to foreclose a tax lien on the individual's residence homestead is listed on the delinquent tax roll of a taxing unit.
Relating to the determination and reporting of the number of residence homesteads of elderly or disabled persons that are subject to the limitation on the total amount of ad valorem taxes that may be imposed on the properties by school districts and of the number of residence homesteads of certain property owners for which the owner deferred collection of a tax, abated a suit to collect a delinquent tax, or abated a sale to foreclose a tax lien.
Relating to the rate at which interest accrues in connection with the deferral or abatement of the collection of ad valorem taxes on certain residence homesteads.
Relating to the rate at which interest accrues in connection with the deferral or abatement of the collection of ad valorem taxes on certain residence homesteads.
Relating to the rate at which interest accrues in connection with the deferral or abatement of the collection of ad valorem taxes on certain residence homesteads.
Relating to the rate at which interest accrues in connection with the deferral or abatement of the collection of ad valorem taxes on certain residence homesteads.