Property Tax - Payment Plans - Notice to Taxpayers

Added new subsection (f) to Section 2-112 requiring the Ombudsman to contract with a vendor to operate an installment payment program where homeowners can enroll to make advance, current, or arrears payments.

Added requirements for tax bills to include specific information about the installment payment program, including a statement about eligibility, a complete description of the program, and enrollment instructions.

Added requirements for the Ombudsman to notify collectors when homeowners enter installment payment plans and to terminate plans when homeowners are not in compliance.

Added eligibility restrictions stating homeowners with mortgages or deeds of trust that escrow tax payments cannot enroll in the advance payment portion of the program.

Modified compliance standards to specify that homeowners are not in compliance if they fail to make a payment for 90 days after the due date, or a longer period determined by the Ombudsman.

Added definition of advance payment calculation, which applies the current property tax rate to the prior year's assessment.