HCS/SB 307 - This act requires all property and personal taxes to be received by December 31st or postmarked exactly on December 31, annually. All such taxes that are not received on or before January 1st, regardless of when postmarked, are considered delinquent. In those years when December 31st falls on a Sunday, the act requires property and personal taxes to be received by January 2nd or postmarked exactly on January 2nd. In those years, all such taxes that are not received on or before January 3rd, regardless of when postmarked, are considered delinquent.

This act also allows taxpayers to receive full credit toward future tax liability in the event the county collector owes the taxpayer a refund on any real or tangible personal property tax. The act allows for a refund to be paid if there is no tax liability against which a credit may be applied in the immediately following year.
ALAN KELLY