1. (a) A county fiscal body may adopt an ordinance to establish a homestead property tax deferral program to be administered by the county treasurer as provided in this chapter.
2. (b) An ordinance adopted under this section must apply to all of the territory of the county and allow a qualified individual to apply for and receive deferral of the qualified individual's homestead property tax liability as set forth in this chapter.
3. (c) For a homestead property tax deferral program to be first applicable to property taxes first due and payable in a particular calendar year, the county fiscal body must adopt the ordinance to establish the homestead property tax deferral program not later than November 1 of the immediately preceding calendar year.

As added by P.L.68-2025, SEC.85.