Bill
A 7497
Overview: Bill A 7497, "Modifies provisions for the payment of delinquent taxes by permitting any person or entity to lend money to the taxpayer and pay the taxing jurisdiction; re
Overview: Bill A 7497, "Modifies provisions for the payment of delinquent taxes by permitting any person or entity to lend money to the taxpayer and pay the taxing jurisdiction; repealer", was REFERRED TO REAL PROPERTY TAXATION on March 28, 2025. This bill aims to provide more flexibility for the payment of delinquent property taxes.
Purpose and Intent: The purpose of this bill is to allow any person or entity, not just the property owner, to lend money to a taxpayer and pay the delinquent taxes directly to the taxing jurisdiction. This would provide an additional option for individuals and businesses to assist taxpayers in resolving their tax delinquencies.
Key Provisions:
- Permits any person or entity to lend money to a taxpayer and pay the delinquent taxes on their behalf
- Requires the lender to provide written notice to the taxpayer and the taxing jurisdiction
- Repeals existing provisions that limited this option to only the property owner
Affected Parties and Impacts: This bill would primarily benefit taxpayers who are delinquent on their property taxes, as it would give them more options to resolve their tax obligations. It could also encourage third-party lenders to assist taxpayers in avoiding tax foreclosure.
Procedural and Timeline Considerations: The bill has been REFERRED TO REAL PROPERTY TAXATION, the committee responsible for considering legislation related to property taxes, for further review and potential action.
Compiled from official sources — confirm details with the bill’s official record.
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