SB893 - Payment of real estate taxes are first to be applied to back taxes; escrow accounts are exempt
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||Payment of real estate taxes are first to be applied to back taxes; escrow accounts are exempt
SCS/SB 893 - This act allows the County Collector to apply
payments for property taxes against any delinquent property taxes
before applying such payment to taxes due in the current year.
This provision does not apply to the payment of real
property taxes made by financial institutions or mortgage loan
companies from escrow accounts.
This provision also appears in CCS/HS/HCS/SCS/SB 894 (TAT)
and in CCS/SCS/HS/HB 1238 (TAT).