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Florida Governor Signs Law Amending Property Tax Collection Administration

Florida Governor Signs Law Amending Property Tax Collection Administration

Florida Governor Signs Law Amending Property Tax Collection Administration

The Florida Governor signed a law changing local government tax collection administration. The law: 1) removes a $10 processing fee associated with partial payment of current year taxes; 2) requires that tax collectors revise their annual errors and insolvencies report on tax collections to include properties subject to federal bankruptcies, properties in which the taxes are below the minimum tax bill, and properties assigned to the list of lands available for taxes; and 3) clarifies the applicable interest rate and status of a tax certificate following cancellation of a tax deed application. The law takes effect on July 1. [H.B. ...

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Source : Bloomberg Tax

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