SF2032 allows tax collection on residential buildings or improvements valued at $20,000 or more on leased land.

SF2032 modifies tax collection laws for residential buildings or improvements valued at $20,000 or more on leased land. It allows the county treasurer to collect delinquent taxes on such buildings or improvements, which were previously exempt. The bill requires the treasurer to notify the land owner before initiating tax collection procedures. This change applies to buildings or improvements erected by someone other than the land owner.

SF2032 allows tax collection on residential buildings or improvements valued at $20,000 or more on leased land.

SF2032 modifies tax collection laws for residential buildings or improvements valued at $20,000 or more on leased land. It allows the county treasurer to collect delinquent taxes on such buildings or improvements, which were previously exempt. The bill requires the treasurer to notify the land owner before initiating tax collection procedures. This change applies to buildings or improvements erected by someone other than the land owner.