Ad valorem tax; authorizing county treasurer to offer prepayment option. Effective date.
Placed on General Order
Summary
The bill changes the ad valorem tax payment rules and creates a new prepayment option that lets eligible property owners spread next year’s taxes over twelve monthly payments. It excludes delinquent accounts, ongoing valuation protests, escrow‑paid taxes and public service corporations. The change aims to give taxpayers more flexibility while setting up a dedicated fund for the prepaid amounts.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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