Modifies provisions relating to payments of real and personal property taxes
Second read and referred: Select Committee on Property Taxes and the State Tax Commission(S)
Summary
The bill lets local governments create ordinances that let property owners pay their real and personal property taxes in installments—annual, semi‑annual or quarterly—based on an estimate of the current year’s liability. Taxpayers must settle any shortfall at year‑end, and any overpayment is refunded without interest; missed payments can incur interest. The measure also requires counties to fund the collection system and excludes banks that pay taxes from escrow accounts.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get real-time alerts when HB 1906 changes status, plus AI-powered summaries and stage predictions.
Sign up free