summary
Introduced
12/14/2021
12/14/2021
In Committee
04/27/2022
04/27/2022
Crossed Over
03/23/2022
03/23/2022
Passed
05/27/2022
05/27/2022
Dead
Signed/Enacted/Adopted
06/08/2022
06/08/2022
Introduced Session
2022 Regular Session
Bill Summary
This bill reduces the interest rate applied to the amount of paid property taxes abated by a municipality
AI Summary
This bill reduces the interest rate applied to the amount of paid property taxes that are abated (or refunded) by a municipality from 6% per annum to a new, lower rate. The amendment will apply to property tax periods starting on or after April 1, 2022, and the bill will take effect on that same date.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (7)
Sharon Carson (R)*,
Harold French (R),
James Gray (R),
Alicia Lekas (R),
Tony Lekas (R),
Andy Renzullo (R),
Jordan Ulery (R),
Last Action
Signed by the Governor on 06/07/2022; Chapter 0164; Effective 04/01/2022 (on 06/08/2022)
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