§11A-1-3. Accrual; time for payment; interest on delinquent taxes.
(a) All current taxes assessed on real and personal property
may be paid in two installments. The first installment shall be
payable on September first of the year for which the assessment is
made, and shall become delinquent on October first; the second
installment shall be payable on the first day of the following
March and shall become delinquent on April first. Taxes paid on or
before the date when they are payable, including both first and
second installments, shall be subject to a discount of two and one- half percent. If taxes are not paid on or before the date on which
they become delinquent, including both first and second
installments, interest at the rate of nine percent per annum shall
be added from the date they become delinquent until paid.
(b) With regard to real and personal property taxes, when any
return, claim, statement or other document is required to be filed,
or any payment is required to be made within a prescribed period or
before a prescribed date, and the applicable law requires delivery
to the office of the sheriff of a county of this state, the methods
prescribed in section five-f, article ten, chapter eleven of this
code for timely filing and payment to the tax commissioner or
department of tax and revenue shall be the same methods utilized
for timely filing and payment with such sheriff. Nothing contained
in this subsection (b) shall prohibit the sheriff from establishing
additional methods of payment in accordance with the provisions of
section eight-a of this article.