Senate committee substitute makes the following changes to the 2nd edition. 

Amends Section 3 of SL 2013-362 as follows.

Deletes proposed language concerning parcels that have not been transferred. Specifies that additional taxes levied on parcels as a result of errors causing the parcels to have an understated value are due on September 1 but no earlier than four years from the last general reappraisal date and are payable, if the taxpayer chooses, through an agreement over a period of no more than 60 months if the total of the additional taxes is more than $1,000. Amends the provisions concerning parcels that have been transferred in a tax year for which errors requiring reappraisals resulted in an underpayment of taxes to no longer provide for a payment plan. Provides that if an owner who is not responsible for underpaid taxes paid the underpaid taxes, the owner may assert a valid defense for a refund as a tax imposed through clerical error. Requires interest on the refund to be 5% per annum from the date the owner asserting the defense paid the underpaid taxes until the date the refund is issued. Makes organizational changes.