Lien Interest Rate Change per HB1673

We wanted to remind you that it’s time to change your lien interest rate to 14%. HB1673 changed the lien interest rate from 18% to 14% starting with the 2019 liened invoices.

To change the rate in Avitar Tax Collect:

  • Go to Utilities | Town Settings | Rates, Fees, Deposits
  • Under the INTEREST RATES section, change the Liens from 18 to 14 and select Apply Changes.

Below are links to more detailed information:
HB1673 New Interest Rates

This entry was posted in Tax Collect Software and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s