DIGEST OF INTRODUCED BILL
Installment payments of property taxes. Authorizes a taxpayer who owns a homestead to petition the county fiscal body to have the county fiscal body and the department of local government finance (DLGF) establish a schedule of installments for the payment of property taxes in the county. Requires the county fiscal body to petition the DLGF to establish a schedule of installments if a properly filed petition is signed by at least 10% of the taxpayers in the county who own homesteads. (Current law allows the county fiscal body to petition the DLFG for an installment schedule if the petition is approved by the county auditor and the county treasurer.) Removes the provision requiring the approval of the county auditor and the county treasurer. Requires the DLGF to prescribe the form of the taxpayer's petition.