|
amount of taxes due in the current tax year, or the amount of taxes |
| in the current tax year not in dispute, whichever is greater, by or |
| after the due date, or according to a payment schedule mutually |
| agreed to in writing by the taxpayer and the municipal officers, |
| the appeal process must be suspended until the taxes, together with |
| any accrued interest and costs, have been paid. If an appeal is in |
| process upon expiration of a due date or written payment schedule |
| date for payment of taxes in a particular municipality, without the |
| appropriate amount of taxes having been paid, whether the taxes are |
| due for the year under appeal or a subsequent tax year, the appeal |
| process must be suspended until the appropriate amount of taxes |
| described in this subsection, together with any accrued interest |
| and costs, has been paid. This section applies to any property tax |
year beginning |
| section does not apply to property with a valuation of less than |
| $500,000. |
