|BILL AS INTRODUCED||2007-2008|
Introduced by Representative Komline of Dorset
Subject: Taxation; property tax; property tax adjustment; filing deadline
Statement of purpose: This bill proposes to move the filing deadline for property tax adjustment claims from September 1 to November 15, two weeks after the last property tax bills are issued.
AN ACT RELATING TO NOVEMBER 15 FILING DEADLINE FOR PROPERTY TAX ADJUSTMENT CLAIMS
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 32 V.S.A. § 6066a is amended to read:
§ 6066a. DETERMINATION OF PROPERTY TAX ADJUSTMENTS
the commissioner shall determine the property tax adjustment amount under
section 6066 of this title, related to a homestead owned by the claimant. The
commissioner shall notify the municipality in which the housesite is located of
the amount of the property tax adjustment for the claimant for homestead
property tax liabilities, on July 1 for timely-filed claims and on
15 December 1 for late claims filed by September 1 November
15. The tax adjustment of a claimant who was assessed property tax by a
town which revised the dates of its fiscal year, however, is the excess of the
property tax which was assessed in the last 12 months of the revised fiscal
year, over the adjusted property tax of the claimant for the revised fiscal
year as determined under section 6066 of this title, related to a homestead
owned by the claimant.
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commissioner shall notify the municipality of any claim and refund amounts
September 15 December 1 at the time of final
resolution, including adjudication if any.
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(f) Property tax bills.
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property tax adjustment amounts for which municipalities receive notice on or
September 15 December 1, municipalities shall issue a new
homestead property tax bill with notice to the taxpayer of the total a mount
allocated to payment of homestead property tax liabilities and notice of the
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on August 1 and on
September 15 December 1, the commissioner of
taxes shall pay to each municipality the amount of property tax adjustment of
which the municipality was notified on July 1 for the
August 1 transfer, or
15 December 1 for the September 15 December 1
transfer, related to municipal property tax on homesteads within that
municipality, as determined by the commissioner of taxes.
Sec. 2. 32 V.S.A. § 6068(b) and (c) are amended to read:
penalties. If the claimant fails to file a timely claim, the amount of the
property tax adjustment under this chapter shall be reduced by $15.00, but not
below $0.00, which shall be paid to the municipality for the cost of issuing an
adjusted homestead property tax bill. No benefit shall be allowed in the
calendar year unless the claim is filed with the commissioner on or before
1 November 15.
(c) No request for allocation of
an income tax refund may be made after
September 1 November 15.
Sec. 3. 32 V.S.A. § 6074 is amended to read:
§ 6074. AMENDMENT OF CERTAIN CLAIMS
time within three years after the date for filing claims under subsection
6068(a) of this chapter, a claimant who filed a claim by
November 15 may file to amend that claim to correct the amount of
household income reported on that claim.
Sec. 4. EFFECTIVE DATE
This act shall apply to claims filed in 2008 and after.
The Vermont General Assembly
115 State Street