The legislative body of any county or municipality may provide by resolution that any single person age sixty-five (65) years of age or older, or any married couple of which both are sixty-five (65) years of age or older, or any person who is totally and permanently disabled, who owns real property, and who uses […]
In the event the taxpayer’s principal residence is on a farm or a parcel of land greater than one (1) acre, the tax deferral granted by this part shall only apply to the principal residence and no more than one (1) acre of land. [For contingent amendment, see the Compiler’s Notes.] The tax deferral granted […]
Applications for deferral of real property taxes shall be made annually on or before March 1 of each year, unless a later date for applications is provided by resolution of the legislative body of the county or municipality authorizing the program. Any applications received by the county trustee after this date shall be considered for […]
Whenever a deferral of real property taxes is granted, assessment of such taxes shall continue on an annual basis; however, they shall not become due and payable until the deferral is terminated. The unpaid balance of assessed real property taxes shall constitute a lien against such property, and shall be subject to interest at the […]
Deferrals on payment of real property taxes granted under the terms of this part shall be terminated: Upon the death of the person to whom the deferral was granted and that person’s surviving spouse if such spouse meets the terms and conditions of this chapter; or When the residence is sold. When such termination is […]
The state board of equalization is authorized to promulgate rules and regulations in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5, for the administration of this part, and such rules and regulations shall be administered by the state division of property assessments. Such board shall have jurisdiction to conduct through […]
If this part is applicable only in a municipality, application may be made to the appropriate municipal official in accordance with subsections (b) and (c), and, upon approval of the application, a deferral of payment of real property taxes on such residence shall be granted as provided in this part. When the property is within […]
It is the legislative intent that this part be strictly construed so that the benefits of this part shall be extended only as specifically provided for in this part.
