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. Municipalities will have the authority to designate tax collectors or other individuals for the collection of these charges and can enter agreements with water companies for billing. The bill also mandates that commercial or financial information in property declarations be disclosed to municipal officers upon request, and it streamlines the appeal process for tax review board decisions, allowing lessees to appeal within a specified timeframe.

Additionally, the bill modifies the notification and collection processes for delinquent taxes, requiring tax collectors to provide notice through local newspapers and municipal websites, and allowing for the waiver of interest on delinquent taxes due to assessor errors. It changes the interest rate on delinquent taxes from eighteen percent per annum to one and one-half percent per month, with a minimum charge of two dollars per installment. The bill also clarifies the procedures for tax sales and the redemption process, ensuring that affected parties are adequately notified and can reclaim their interests. Overall, Raised Bill No. 7154 aims to enhance transparency, streamline tax collection, and provide municipalities with greater flexibility in managing tax-related operations.

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