2013 Senate Bill 632

Revise certain delinquent property tax interest payments

Introduced in the Senate

Oct. 22, 2013

Introduced by Sen. Tupac Hunter (D-5)

To reduce from 1 percent to 0.5 percent the monthly interest rate imposed on certain delinquent property tax amounts, and eliminate an additional interest charge levied on redemptions of tax-foreclosed property.

Referred to the Committee on Banking and Financial Institutions