The bill aims to allow property owners to pay their ad valorem taxes on a residence homestead in installments rather than a lump sum. This change would provide more flexibility for taxpayers in managing their tax obligations. The main provision of the bill is to establish a payment plan option for homeowners to spread out their property tax payments. This could help alleviate financial burdens and improve tax compliance among residents.
2022-12-29: Filed
2023-03-02: Read first time
2023-03-02: Referred to Ways & Means
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