SB 1034 – Modifies the disbursement of taxes paid under protest

• Sponsor: Romine
• LR Number: 6356S.01I
• Committee: Jobs, Economic Development and Local Government
• Last Action: 3/30/2016 - Hearing Conducted S Jobs, Economic Development and Local Government Committee
• Effective Date: August 28, 2016

Current Bill Summary

SB 1034 - Under current law, a county collector receiving taxes paid under protest must disburse the undisputed amount to the proper official and place the amount in dispute in a separate fund. Under this act, county collectors shall disburse an amount equal to the last agreed assessment rate to the proper official and the difference between the last agreed assessment and the current assessment shall be placed in a separate fund.

DOMENIC SITA