§ 11-2-303. PAYMENT OF TAXES.

(a)

Exception. This section does not apply to state taxes.

(b)

Due date. The annual tax levy made by the county is due and payable on July 1 of each year.

(c)

Discounts and interest - Regular billing date.

(1)

A taxpayer shall receive a discount from taxes levied as follows:

(i)

1%, if all taxes are paid before August 1; and

(ii)

One-half of 1%, if all taxes are paid during the month of August.

(2)

The full amount of taxes is due, without discount or interest, if the taxes are paid during the month of September.

(3)

For any taxes that remain unpaid on or after October 1, the county shall charge and collect interest at the rate of 1% per month until the taxes are fully paid.

(d)

Same - Different billing date. If a person receives a real or personal property tax bill from the county issued or mailed on a date other than July 1, when paying the bill, the person:

(1)

May receive a 1% discount from the amount of the bill if the person pays the bill in full within 30 days after the bill is mailed or distributed; and

(2)

Until the taxes are fully paid, shall pay interest at a rate of 1% for each month or fraction of a month for any amount unpaid 31 days or more after the bill is mailed or distributed.

(1988 Code, § 33-53) (Bill No. 66-95, § 1, 6-30-1995; Bill No. 33-03, § 2, 7-1-2004)