Raised Bill No. 7154 proposes significant amendments to municipal tax collection procedures, set to take effect on October 1, 2025. Key changes include the classification of unpaid assessments and sewerage system charges as delinquent if not paid within thirty days of the due date, with interest accruing at the same rate as delinquent property taxes. The bill allows municipalities to appoint tax collectors and enter agreements with water companies for billing and collection. Additionally, it mandates that commercial information in property declarations be disclosed to municipal officers upon request and clarifies the process for claiming refunds on property tax exemptions for leased motor vehicles. The appeal process for tax review board actions is also streamlined, allowing lessees to appeal within a specified timeframe.

Further amendments focus on enhancing the efficiency of tax collection and notification processes. The bill requires tax collectors to notify taxpayers of due dates through local newspaper advertisements and municipal websites, with repeated notices after taxes become due. It introduces provisions for waiving interest on delinquent taxes due to assessor errors and modifies the interest rate on delinquent taxes from eighteen percent per annum to one and one-half percent per month. The bill also clarifies the procedures for tax sales, including the requirement for timely notification to delinquent taxpayers and the establishment of an escrow account for excess sale funds. Overall, Raised Bill No. 7154 aims to streamline tax collection processes, improve taxpayer protections, and enhance municipal revenue management.

Statutes affected:
Raised Bill: 12-126, 12-127, 12-128, 12-129, 12-144, 12-145, 12-146, 12-146a, 12-157, 12-159b, 12-166, 12-175, 12-177, 12-195d, 52-483