Prepayment of assessment installments.

Summary

The bill would force each municipal works board to adopt a policy that lets owners who have filed a waiver for deferred property assessments pay the full amount early, even within the first year, as long as they also pay any accrued interest. It applies to property owners in Indiana municipalities and keeps the existing option to pay after the first year. The goal is to give owners more flexibility to clear their tax liens.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share