This bill mandates that cities and towns provide a two-month notice to tax-exempt organizations regarding the annual tax-exemption filing deadline. Specifically, it requires municipalities to mail the necessary forms to property owners whose real estate was exempt in the previous tax year, ensuring that these notifications are sent no later than two months before the submission deadline. If a property owner does not receive the required forms, they are still allowed to submit their application for exemption, and the governing body may grant the exemption for that year without penalty, regardless of the calendar date or local tax rate approval.

Additionally, the bill amends existing laws to change the deadlines for filing tax exemption applications for charitable, religious, educational, and veterans organizations. The new language specifies that applications can be accepted until March 31 of the property tax year, even if the organizations missed the original deadline due to unforeseen circumstances. The bill also removes the previous stipulation that applications could not be accepted after the local tax rate was approved. Overall, the bill aims to streamline the process for tax-exempt organizations while ensuring they are adequately informed of their filing responsibilities.

Statutes affected:
Introduced: 72:23
As Amended by the House: 72:23, 72:23-c