• § 48-5-70 - Short Title
  This part shall be known and may be cited as the "Tax Deferral for the Elderly Act."
• § 48-5-71 - Definitions
  As used in this part, the term: (1) "Gross household income" means all income, for all individuals residing within the homestead, from whatever source...
• § 48-5-72 - Homestead Tax Deferral for Individuals 62 or Older; Demonstration of Compliance With Part
  (a) Any individual aged 62 or older who is entitled to claim a homestead exemption may elect to defer payment of all or part...
• § 48-5-72.1 - Alternative to Tax Deferral Authorized by Code Section 48-5-72; Burden on Applicant to Demonstrate Compliance
  (a) As an alternative to the tax deferral authorized by Code Section 48-5-72, any individual aged 62 or older residing within any county of...
• § 48-5-73 - Limitations on Grant of Homestead Tax Deferral
  No tax deferral in any one year shall be granted pursuant to Code Section 48-5-72: (1) If the total amount of deferred taxes and...
• § 48-5-74 - Application for Homestead Tax Deferral; Oath; Decision by Tax Official; Notice; Appeal to Board of Equalization; Procedure; Appeal to Superior Court; Information on Outstanding Liens; Proof of Insurance
  (a) The application for deferral shall be made upon a form prescribed by the department and furnished by the appropriate tax official. The application...
• § 48-5-75 - Rate of Interest on Amount of Deferred Taxes; Time of Accrual of Interest on Deferred Taxes
  (a) The amount of taxes deferred pursuant to this part shall accrue interest until paid at three-fourths of the rate specified in Code Section...
• § 48-5-76 - Deferred Taxes and Interest Constitute Prior Lien; Effect of Award for Year's Support on Liens for Deferred Taxes
  (a) The taxes and interest deferred pursuant to this part shall constitute a prior lien and shall attach as of the date and in...
• § 48-5-77 - Annual Notification to Property Owner of Sum of Deferred Taxes and Interest Outstanding
  Each year, at the time the tax bills are mailed, the appropriate tax official shall notify each property owner to whom a homestead tax...
• § 48-5-78 - Change in Ownership or Use Of, or Failure to Maintain Insurance On, Tax-Deferred Homestead; Payment of Deferred Taxes, Interest, and Unsatisfied Liens
  (a) In the event that there is a change in use of tax-deferred property so that the owner is no longer entitled to a...
• § 48-5-79 - Prepayment of Deferred Taxes and Accrued Interest; Partial Payments
  (a) All or part of the deferred taxes and accrued interest may be paid at any time to the appropriate tax official by: (1)...
• § 48-5-80 - Distribution of Deferred Tax and Interest Payments; Duty to Keep Record of Property and Amount of Payment
  When any deferred taxes or interest is collected, the appropriate tax official shall maintain a record of the payment, which record shall contain a...
• § 48-5-81 - Payment by Holder of Deed to Secure Debt or by Mortgagee; Effect on Right to Foreclose
  If any holder of a deed to secure debt or any mortgagee elects to pay the taxes of an applicant who qualifies for and...
• § 48-5-82 - Prohibition of Clauses Preventing Applications for Homestead Tax Deferral; Exceptions
  Except with respect to requirements dictated by federal law, rule, or regulation, no mortgage, deed to secure debt, or other agreement may contain a...
• § 48-5-83 - Construction of Part
  Nothing in this part shall be construed to prevent the collection of personal property taxes which become a lien against tax-deferred property.
• § 48-5-84 - Penalties for Willfully Filing Incorrect Information
  (a) The following penalties shall be imposed on any person who willfully files information required under Code Sections 48-5-72, 48-5-72.1, and 48-5-78 which is...

Last modified: October 14, 2016