Legislation
SECTION 489-HHHHH
Tax lien; interest rate
Real Property Tax (RPT) CHAPTER 50-A, ARTICLE 4, TITLE 2-E
§ 489-hhhhh. Tax lien; interest rate. All taxes plus interest
required to be paid retroactively pursuant to this title shall
constitute a tax lien as of the date it is determined such taxes and
interest are owed. All interest shall be calculated from the date the
taxes would have been due but for the exemption claimed pursuant to this
title at three per centum above the applicable rate of interest imposed
by such city generally for non-payment of real property tax with respect
to such property for the period in question.
required to be paid retroactively pursuant to this title shall
constitute a tax lien as of the date it is determined such taxes and
interest are owed. All interest shall be calculated from the date the
taxes would have been due but for the exemption claimed pursuant to this
title at three per centum above the applicable rate of interest imposed
by such city generally for non-payment of real property tax with respect
to such property for the period in question.