Provides respondents the option to repay a court ordered refund in installments of no more than five years

This bill allows individuals who owe a court-ordered real property tax refund to pay it back in installments over a period of up to five years. Under the new rules, a judge must grant this payment plan if the person requesting it asks for one, removing the previous requirement for the parties to agree on the arrangement. The legislation also eliminates the option for courts to charge interest on these installment payments. These changes take effect on January 1st of the year following the bill's enactment.