Bill No.                23-13                        

Concerning: Taxation–Estimated Personal Property Tax       

Revised:    June 28, 2013  Draft No. 1  

Introduced:      July 9, 2013                   

Enacted:         July 20, 2013                 

Executive:       August 5, 2013              

Effective:        November 4, 2013          

Sunset Date:  None                             

Ch.   24    , Laws of Mont. Co.    2013    

 

County Council

For Montgomery County, Maryland

 

By: Council President at the Request of the County Executive

 

AN ACT to:

            (1)        permit the issuance of an estimated personal property tax bill;

(2)        require payment of an estimated personal property tax bill; and

            (3)        generally amend County law regarding issuance of personal property tax bills.

 

By adding

            Montgomery County Code

            Chapter 52, Taxation

            Section 52-4A

 

 

Boldface                                             Heading or defined term.

Underlining                                          Added to existing law by original bill.

[Single boldface brackets]                  Deleted from existing law by original bill.

Double underlining                              Added by amendment.

[[Double boldface brackets]]              Deleted from existing law or the bill by amendment.

*   *   *                                                  Existing law unaffected by bill.

 
 

 

 

 

 

 

 


The County Council for Montgomery County, Maryland approves the following Act:


Sec. 1. Section 52-4A is added as follows:

52-4A. Authorization to issue an estimated personal property tax bill.

(a)     If the State Department of Assessments and Taxation does not notify the County of any particular personal property tax assessment or operating personal property assessment by September 1 of any tax year, the Collector may issue an estimated personal property tax bill to the taxpayer.

(b)     The estimated personal property tax must be calculated by applying the applicable current property tax rate to the most recent assessment of the property.

(c)      The taxpayer must pay the estimated tax bill within 30 days after the bill is received, reasonably should have been received, or is made available to the taxpayer.  If the estimated bill is not paid when due, the unpaid balance is subject to interest and penalty as provided by law.

(d)     If the tax paid under this Section is less than the tax finally determined to be due, the Collector must send a bill to the taxpayer for the difference.  If this tax bill is not paid within 30 days after the bill is received, reasonably should have been received, or is made available to the taxpayer, the unpaid balance is subject to interest and penalty as provided by law.

(e)      If the tax paid under this Section is more than the tax finally determined to be due, the Collector must refund the difference to the taxpayer with interest as provided by law.

Approved: