SENATE BILL NO. 203
AN ACT TO AMEND CHAPTER 42, VOLUME 53, LAWS OF DELAWARE, AS AMENDED ENTITLED "AN ACT AMENDING, REVISING AND CONSOLIDATING THE CHARTER OF THE CITY OF SEAFORD RELATING TO SUPPLEMENTAL TAX ASSESSMENTS",
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE (Two-thirds of all members elected to each House thereof concurring therein):
Section 1. Amend Section 25, Chapter 42, Volume 53, Laws of Delaware, as amended, by adding a new subsection designated as "DD" as follows:
"(DD) The said tax assessor shall, at the option of the City Manager, make a supplemental assessment list quarterly in each fiscal year. The first such supplemental assessment Est shall be certified on July 1 of each year; the second on October 1 of each year; the third on January 1 of each year: and the fourth on April 1 of each year."
Section 2. Amend Subsection (3). Section 25, Chapter 42, Volume 53, Laws of Delaware, as amended, by striking the words "for one year" as they appear therein and substituting in lieu thereof the words "until changed as provided for herein".
Section 3. Amend Section 27, Chapter 42, Volume 53, Laws of Delaware. as amended, by adding a new subsection designated as "DD" u follows:
"(DD)(I) In addition to the annual assessment provided for herein, the City Manager may, at the City Manager's option, direct the tax assessor to prepare a quarterly supplemental list for the purpose of adding property not Included on the last assessment or Increuing the assessed value of property which was Included on the last assessment. The supplemental list may be used to correct errors on the prior assessment rolls and to remove or modify any exemption from taxation applicable to property in the City.
(2) Such supplemental list shall be prepared quarterly in each fiscal year. The first such supplemental list shall be certified on July 1 of each year; the second on October 1 of each year; the third on January 1 of each year; and the fourth on April 1 of each year.
(3) On the date of certification of a supplemental list, the property owners listed thereon shall be liable to pay taxes equal to the assessed value of the property multiplied by the tax rates for the then current fiscal year applicable to the property, reduced by 25% where the property Is listed on the second supplemental assessment roil; by 50% where the property is listed on the third supplemental assessment roil; and by 75% where the property is listed on the fourth supplemental assessment roll; and the amount of such tax shall be and remain a lien on such property from the time of its certification. In the collection of said taxes, before the first day of the second month after certification, there shall be no interest or penalty. On all taxes paid after the first day of the second month after certification, interest at the rate of one-half of one percent (.5%) per month and an additional sum of one percent (1%) per month as a penalty shall be added until the same shall have been paid. All taxes unpaid after the lint day of the second month after certification shall be considered delinquent. in effecting collection of any delinquent tax, the City Council may Impose a collection charge not to exceed eighteen percent (18%) of the amount of the tax and any interest or penalty imposed thereon.
(4) Appeals shall be made to the Board of Revision and Appeal u provided in Section 25(P). In no cue shall the supplemental assessment procedure be employed to impose taxes retroactively."
Approved July 3, 1985.