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DIGEST OF INTRODUCED BILL
Tax procedures. Changes the method for calculating interest due on property tax payments and refunds. Indicates that an explanation of appeal procedures must be included in a property tax bill if a change in assessment was made without sending out a Form 11. Provides that a taxpayer may appeal a dispute over interest, penalties, collection fees, clerk's costs, sheriff's costs, and collection agency fees imposed on delinquent property taxes by filing a Form 133 with the county auditor. Permits an appeal to the tax court. Specifies that the tax court has jurisdiction over: (1) a dispute related to a refund for a tax administered by the department of state revenue after the expiration of the date a claim for refund may be filed; (2) settlement agreements between the taxpayer and the department of state revenue; and (3) interest, penalties, collection fees, clerk's costs, sheriff's costs, and collection agency fees related to the collection of a tax administered by the department of state revenue. Indicates that a modification of federal tax liability or a federal tax return need not be reported to the department of state revenue until the federal modification becomes a final, binding determination. Specifies that a taxpayer earns interest on an overpayment of state taxes from the date the tax return was due. Requires the department of state revenue to standardize the form used to give notice of the denial of a refund. Provides that, unless the jeopardy assessment provisions of law apply or the tax court authorizes collection, the department of state revenue may not issue a demand notice for a tax or initiate a collection action until after a taxpayer's right of appeal expires (if the taxpayer does not appeal an assessment) or the date a final tax court decision is issued (if a timely appeal is filed).