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Introduced House Bill (H)

DIGEST

Property tax payment plans. Provides that a taxpayer who defaults on a payment arrangement under which the taxpayer's real property is removed from the tax sale list may enter into a new payment arrangement for taxes due on the same real property if the taxpayer agrees: (1) to make a down payment of 1/3 of the property taxes owed when the new payment arrangement is entered into; and (2) to pay the remaining balance of the taxes owed within one year after the new payment arrangement is entered into. Property tax payment plans. Provides that a taxpayer who defaults on a payment arrangement under which the taxpayer's real property is removed from the tax sale list may enter into a new payment arrangement for taxes due on the same real property if the taxpayer agrees: (1) to make a down payment of 1/3 of the property taxes owed when the new payment arrangement is entered into; and (2) to pay the remaining balance of the taxes owed within one year after the new payment arrangement is entered into.