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1999 SESSION

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SB 1008 Overpayments of local taxes.

Introduced by: Janet D. Howell | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Overpayments of local taxes. Requires a locality that charges interest on delinquent taxes to pay interest on overpayments paid to taxpayers due to erroneous assessments. Provisions authorizing the payment of interest on refunded overpayments are repealed; this measure requires the payment of interest notwithstanding the failure of a locality to conform its ordinance to these provisions.

SUMMARY AS PASSED SENATE:

Overpayments of local taxes. Requires a locality that charges interest on delinquent taxes to pay interest on overpayments paid to taxpayers due to erroneous assessments. Provisions authorizing the payment of interest on refunded overpayments are repealed; this measure requires the payment of interest notwithstanding the failure of a locality to conform its ordinance to these provisions.

SUMMARY AS INTRODUCED:

Overpayments of local taxes. Requires a locality that charges interest on delinquent taxes to pay interest on overpayments and erroneous assessments paid to taxpayers. A locality that provides for the recovery of reasonable attorney's fees on delinquent taxes shall also provide for the payment of a taxpayer’s reasonableattorney's fees, not to exceed 20 percent of the amount of an overpayment, in an action to correct an assessment. Provisions authorizing the payment of interest on refunded overpayments are repealed; this measure requires the payment of interest and attorney's fees notwithstanding the failure of a locality to conform its ordinance to these provisions.