AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

HB 5695 allows municipalities to hold local tax amnesty events once every three years, enabling residents to avoid late fees on overdue real estate, property, and vehicle taxes. The bill permits cities to create two separate 60-day periods annually (during 2024-2025) where taxpayers can submit written requests to waive interest and penalties. It excludes taxes owed for the current tax year during amnesty periods and requires tax officials to provide written decisions, with appeals to city councils within 10 days if denied. This directly affects taxpayers with overdue local tax payments and gives municipalities a structured process to encourage payment without penalties.