PROP TX-CERT OF ERROR-REFUNDS
Synopsis of Bill as introduced:
Amends the Property Tax Code. Provides that, for certificates of
error issued on or after the effective date of this amendatory Act of
the 92nd General Assembly, interest on refunds paid by county
collectors on a certificate of error shall be paid from 60 days after
the submission of a completed refund application to the county
collector (now, interest must be paid from 60 days after the
certificate of error is issued to the date the refund is paid).
SENATE AMENDMENT NO. 1.
Makes a technical correction.
SENATE AMENDMENT NO. 2.
Provides that if a completed refund application is not filed with
the county collector's office within 60 days after a refund
application form and notice are mailed by the collector to the
taxpayer or his or her representative, then interest shall cease to
run from that date until the date a completed application is filed.
Provides that the notice mailed by the county collector shall advise
the taxpayer or his or her representative that a completed refund
application must be filed to obtain a refund and that interest will
cease to run unless this filing is made within 60 days after the
mailing of the notice and application form (now no provision for the
interest to cease). Changes "county treasurer" to "county collector".
Last action on Bill: SESSION SINE DIE
Last action date: JAN-07-2003
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 2
END OF INQUIRY
Full Text Bill Status