Legislative Session number- 81

Bill Name: SF0381

E Making technical and clarifying changes to certain mortgage registry and deed
tax provisions; defining or redefining certain terms under, clarifying the
imposition and determination of and modifying certain exemptions to the mortgage
registry tax; eliminating the county auditor countersignature requirement and
the requirement for the payment receipt to be recorded with the mortgage;
modifying the penalty for failure to pay the full mortgage registry or deed tax
amounts; providing separate definitions under deed tax provisions and clarifying
imposition and determination of, exemptions to and personal liability for the
tax; recodifying certain provisions providing for payment of the tax on deeds
issued for the purchase of tax-forfeited land, for apportionment of tax proceeds
between the state and the county and for imposition of criminal penalties for
evasion of the tax; providing for payment of the tax on real estate located in
more than one county; clarifying the recording procedure; modifying certain
payment deadlines; granting county boards the authority to impose additional
duties on county auditors or treasurers relating to the taxes; imposing certain
time limits for tax assessment and providing for the computation of interest on
late payments, additional assessments, refunds, judgments and penalties;
providing for administrative review of taxpayer grievances and for appeal of
administrative determinations to the tax court (ja)