Gage Froerer is writing a bill, HB418 to help reduce the amount of property taxes that are NOT paid on time. This bill will increase the penalty and Interest for delinquent taxes only, and could add millions into Weber County’s and other Utah County’s cash flow every year. For the tax year of 2008 in Weber County, the amount is over $9 million in delinquent taxes due last November.
The abuse of the tax loophole is a statewide problem as well, to the tune of over $100 million dollars, so any property tax payer that pay their taxes on Nov. 30th each year should get involved in supporting this bill. The higher penalty and interest will discourage those large landowners and business people who exploit this tax loophole every year. They will be forced to reevaluate the penalty and interest costs and most will pay their property taxes on time.
This also means that even with the increased penalties and interest, NO taxpayers will be affected by this higher penalty and interest at all if they pay their property taxes on time.
We suggest you contact family and friends all over Utah and have them contact their State Legislators in support of this bill, HB418.
Our local legislators are Gage Froerer gfroerer@utah.gov and Allan Christensen achristensen@utahsenate.org
Larry and Sharon Zini
