HOUSE REPUBLICAN STAFF ANALYSIS Bill: House File 616, HF 192 (Formerly HSB 29) Committee: Judiciary Floor Manager: Rep. Baltimore Date: March 25, 2015 Staff: Amanda Freel (1-5230)
House Committee: Ways and Means House Floor: Senate Floor: Governor:
PASSED on February 4 (20-0) PASSED on March (25-0)
Property Tax Notice
HF 616 changes how notice must be given when an equalization order for property tax is issued.
___________________________________________________________________________________
Section by Section Analysis Section 1 Claims for Credit-Business Property Tax Credit Claims for the business property tax credit against taxes due in the fiscal year beginning before July 1, 2016, shall be filed no later than March 15 of the preceding fiscal year. Claims for the business property tax credit against taxes due in the fiscal year beginning July 1, 2016 shall be filed no later than July 1 preceding the fiscal year during which the taxes for which credit is claimed are due and payable. This section is effective upon enactment. Section 2- Assessment Rolls and Books 441.26 Changes the date for a person to contact the assessor to request an informal review of their assessment. Current date is April 1 through May 4. Under the bill, the dates are April 2 through April 25 Changes the date a person may file a protest against an assessment. Current date is April 7 through May 5. Under the bill, dates are April 2 through April 30 Section 3- Assessment Rolls and Books 441.26 The county auditor shall give notice by mail, postmarked on or before October 8th to each property owner whose valuation has been increased by an equalization order. Extends the time the board of review shall meet from October 10 to November 15 Section 4-Assessement Rolls-Change-Notice to Taxpayer No changes shall be made on the assessment rolls after April 1, unless there is a written agreement of the taxpayer and the assessor under 441.30, by order of the board of review or of the property assessment appeal board, or by decree of court. 1
Section 5- Informal Assessment Review Period-Recommendation Conforming date changes The assessor may enter in to an agreement with the property owner authorizing the assessor to correct or modify the assessment according to the agreement of the parties. Section 6 Powers of Review Board If assessments are revalued and reassessed the board shall meet the requirements in 441.36 (mail) and place notice in an official newspaper located in the taxing district. The newspaper notice will no longer take the place of the mail notice requirement. Section 7- Protest of Assessment-Grounds Conforming date changes Section 8- Protest of Assessment Grounds If electronic filing is available the notice shall be clearly indicated on both the published equalization order notice and the equalization order notice mailed to the property owner or tax payer. Section 9- Adjustment by Auditor On or before October 8th, notice of an equalization order must be published in the newspaper. Any taxpayer or owner whose property taxes will increase, shall be notified by mail postmarked on or before October 8th. The notice must inform the owner or taxpayer that the equalization order may be challenged with the Board. Failure to notify, either by mail or newspaper has no impact on the order. The Board shall accept protests from October 10th through November 15th Section 10 Implementation of Act Political subdivisions are required to enact this legislation, without additional funding from the state. Section 11- Effective Upon Enactment Section 1 is effective upon enactment Section 12 Applicability This act shall apply to assessments beginning on or after January 1, 2016.
___________________________________________________________________________________
Amendment Analysis
2
