Chapter 908: DEFERRED COLLECTION OF HOMESTEAD PROPERTY TAXES HEADING: PL 1989, C. 534, PT. C, §1 (NEW)
§6257. Municipal tax collector to receive amount equivalent to deferred taxes from State
1. Payment of deferred taxes. Within 30 days of the receipt of information from a municipal tax collector concerning the amount of deferred property taxes in the respective municipality, the State Tax Assessor shall certify that amount to the Treasurer of the State who shall make payment on or before the 15th day of the following month.
[ 1989, c. 534, Pt. C, §1 (NEW); 1989, c. 713, §6 (RPR) .]
1-A. Prorated payment of deferred taxes. The State Tax Assessor is authorized to prorate payments to municipalities for claims filed pursuant to this chapter if the amount available in the Senior Property Tax Deferral Revolving Account established in section 6266 in any fiscal year is insufficient to make full payments to all municipalities. If the applicant for deferred taxes can not pay the difference due to the municipality, the municipality that does not receive the full amount of deferred property taxes may cause a tax lien certificate to be filed in the county registry of deeds for the amount not received.
[ 1991, c. 528, Pt. DD, §1 (NEW); 1991, c. 528, Pt. RRR, (AFF); 1991, c. 591, Pt. DD, §1 (NEW) .]
1-B. Reimbursement to taxpayers. The State Tax Assessor is authorized to reimburse taxpayers who qualified under this chapter and who have paid property taxes that would have otherwise been deferred but for the prorating of benefits as allowed in subsection 1-A.
[ 1991, c. 622, Pt. CC, §1 (NEW) .]
2. Accounts maintained. The bureau shall maintain accounts for each deferred property and shall accrue interest only on the actual amount of taxes advanced to the municipality.
[ 1989, c. 534, Pt. C, §1 (NEW) .]
SECTION HISTORY
1989, c. 534, §C1 (NEW). 1989, c. 713, §6 (AMD). 1991, c. 528, §DD1 (AMD). 1991, c. 528, §RRR (AFF). 1991, c. 591, §DD1 (AMD). 1991, c. 622, §CC1 (AMD).
Chapter 908: DEFERRED COLLECTION OF HOMESTEAD PROPERTY TAXES HEADING: PL 1989, C. 534, PT. C, §1 (NEW)
§6257. Municipal tax collector to receive amount equivalent to deferred taxes from State
1. Payment of deferred taxes. Within 30 days of the receipt of information from a municipal tax collector concerning the amount of deferred property taxes in the respective municipality, the State Tax Assessor shall certify that amount to the Treasurer of the State who shall make payment on or before the 15th day of the following month.
[ 1989, c. 534, Pt. C, §1 (NEW); 1989, c. 713, §6 (RPR) .]
1-A. Prorated payment of deferred taxes. The State Tax Assessor is authorized to prorate payments to municipalities for claims filed pursuant to this chapter if the amount available in the Senior Property Tax Deferral Revolving Account established in section 6266 in any fiscal year is insufficient to make full payments to all municipalities. If the applicant for deferred taxes can not pay the difference due to the municipality, the municipality that does not receive the full amount of deferred property taxes may cause a tax lien certificate to be filed in the county registry of deeds for the amount not received.
[ 1991, c. 528, Pt. DD, §1 (NEW); 1991, c. 528, Pt. RRR, (AFF); 1991, c. 591, Pt. DD, §1 (NEW) .]
1-B. Reimbursement to taxpayers. The State Tax Assessor is authorized to reimburse taxpayers who qualified under this chapter and who have paid property taxes that would have otherwise been deferred but for the prorating of benefits as allowed in subsection 1-A.
[ 1991, c. 622, Pt. CC, §1 (NEW) .]
2. Accounts maintained. The bureau shall maintain accounts for each deferred property and shall accrue interest only on the actual amount of taxes advanced to the municipality.
[ 1989, c. 534, Pt. C, §1 (NEW) .]
SECTION HISTORY
1989, c. 534, §C1 (NEW). 1989, c. 713, §6 (AMD). 1991, c. 528, §DD1 (AMD). 1991, c. 528, §RRR (AFF). 1991, c. 591, §DD1 (AMD). 1991, c. 622, §CC1 (AMD).
Chapter 908: DEFERRED COLLECTION OF HOMESTEAD PROPERTY TAXES HEADING: PL 1989, C. 534, PT. C, §1 (NEW)
§6257. Municipal tax collector to receive amount equivalent to deferred taxes from State
1. Payment of deferred taxes. Within 30 days of the receipt of information from a municipal tax collector concerning the amount of deferred property taxes in the respective municipality, the State Tax Assessor shall certify that amount to the Treasurer of the State who shall make payment on or before the 15th day of the following month.
[ 1989, c. 534, Pt. C, §1 (NEW); 1989, c. 713, §6 (RPR) .]
1-A. Prorated payment of deferred taxes. The State Tax Assessor is authorized to prorate payments to municipalities for claims filed pursuant to this chapter if the amount available in the Senior Property Tax Deferral Revolving Account established in section 6266 in any fiscal year is insufficient to make full payments to all municipalities. If the applicant for deferred taxes can not pay the difference due to the municipality, the municipality that does not receive the full amount of deferred property taxes may cause a tax lien certificate to be filed in the county registry of deeds for the amount not received.
[ 1991, c. 528, Pt. DD, §1 (NEW); 1991, c. 528, Pt. RRR, (AFF); 1991, c. 591, Pt. DD, §1 (NEW) .]
1-B. Reimbursement to taxpayers. The State Tax Assessor is authorized to reimburse taxpayers who qualified under this chapter and who have paid property taxes that would have otherwise been deferred but for the prorating of benefits as allowed in subsection 1-A.
[ 1991, c. 622, Pt. CC, §1 (NEW) .]
2. Accounts maintained. The bureau shall maintain accounts for each deferred property and shall accrue interest only on the actual amount of taxes advanced to the municipality.
[ 1989, c. 534, Pt. C, §1 (NEW) .]
SECTION HISTORY
1989, c. 534, §C1 (NEW). 1989, c. 713, §6 (AMD). 1991, c. 528, §DD1 (AMD). 1991, c. 528, §RRR (AFF). 1991, c. 591, §DD1 (AMD). 1991, c. 622, §CC1 (AMD).
