AB 159

Under current law, no later than October 1 of each year, a taxation district clerk

may submit to the Department of Revenue (DOR) a list of property taxes on the

district's tax roll that have been refunded to taxpayers or rescinded. The list may also

include property taxes that the district collected as a result of certain errors in the

district's tax roll. Under current law, the taxation district must distribute a

proportionate share of the amount of any such collected taxes to the taxing

jurisdictions that are part of the taxation district. Under this bill, a taxation district

clerk must submit the district's list of refunded or rescinded taxes to DOR and must

include on the list the amount of any property taxes collected on property that was

omitted from the property tax roll in the previous two years and distribute a

proportionate share of that amount to the taxing jurisdictions that are part of the

taxation district.

Under current law, no earlier than February 2 and no later than April 1, a

taxation district treasurer may charge back to each taxing jurisdiction its

proportionate share of personal property taxes that the taxation district settled in

full the previous February, that were delinquent at the time of settlement, that have

not been collected in the year following the settlement, and that remain delinquent.

Under this bill, the personal property taxes that a taxation district may charge back

to the taxing jurisdictions are personal property taxes owed by an entity that has

ceased operations or due on personal property that has been removed from the next

assessment roll.

Under current law, a taxing jurisdiction must pay the taxation district the

amount of any charge-back of personal property taxes within 30 days of receiving the

charge-back notice from the taxation district. Under the bill, a taxing jurisdiction

must pay the taxation district the amount of any charge-back of personal property

taxes no later than May 1.