Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2017

Revenue and Taxation Code

Property Taxation

Part 5. Collection of Taxes

CHAPTER 2.3. Return of Replicated Property Tax Payments

Section 2782

2782. Interest. If a replicated tax payment is not returned to the tendering party within 60 days of becoming final, as provided in this chapter, the county shall, in addition to returning the replicated payment as soon as practicable, pay the tendering party interest, if that interest is ten dollars ($10) or more, on the amount of replicated payment at the rate provided in Section 5151. The interest shall be computed for the period beginning 60 days after the county receives the replicated payment becomes final to the date the replicated payment is returned to the tendering party.

History.—Amended by Stats. 2004, Ch. 194 (SB 1832), in effect January 1, 2005. Stats. 2009, Ch. 17 (SB 823), in effect January 1, 2010, added "of becoming final," after "60 days" in the first sentence, and deleted "county receives the" after "after the" and added "becomes final" after "replicated payment" in the second sentence.