Tangible Property Tax Delinquency Process
What happens if I don’t pay my tangible property taxes by March 31?
Unpaid tangible property taxes become delinquent on April 1, at which point a $10 delinquent fee is added and 1.5% monthly interest begins accruing. On May 1, a 20% collection cost and advertising charges are added. By July 1, a warrant is assigned and court costs are added. Interest continues at 1.5% per month until amount is paid in full.
Annual court hearing: A court hearing is held yearly to ratify warrants, which enables the Tax Collector to seize and sell tangible personal property for non-payment of taxes if necessary.
How long can the Tax Collector pursue collection?
The Tax Collector is required to pursue collection for the life of the lien, which is seven years.
Who collects delinquent tangible property taxes?
The Hillsborough County Tax Collector has contracted with Revenue Recovery Solutions, Inc. to collect all delinquent tangible property tax accounts. If your account is not paid in full, your tax liability will include a 20% collection fee and other costs as authorized by Florida Statute 197.332(1).