Bill > H1575

This bill aims to improve the administration of real estate tax assessments in several ways: 1. It prevents legal challenges to tax assessments if the Commissioner of Revenue has certified that the assessed values represent the full and fair cash valuation for each property class. 2. It allows the board of assessors to assess additional taxes if they determine less than the full amount was initially assessed, within 3 years after the tax was due or the return was filed. It also permits assessors to make adjustments for arithmetic or clerical errors, or in cases of false/fraudulent returns, without prior notice. 3. It modifies the timeline for applicants to comply with requests for information related to abatement applications, by deeming the request delivered on the filing date of the abatement application. 4. It changes the requirement for assessors to annually report additional taxes assessed to the Commissioner, instead requiring them to maintain a 5-year record of omitted assessments subject to Department of Revenue audit.

Budget and Finance

https://malegislature.gov/Bills/190/H1575