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Bill > H2554


MA H2554

Relative to interest on abated bills


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to interest on abated tax bills. Revenue.

AI Summary

This bill amends Section 69 of Chapter 59 of Massachusetts law to specify that a person whose tax has been abated (reduced) shall be reimbursed by the town for the amount of the abatement, including any interest and charges paid, with interest on the abated amount at 4% from the time of payment or the due date of the tax, whichever is later. However, no refund shall be paid if there is an outstanding balance of the tax to which the abatement relates, and no interest shall be paid for any period during which any part of the abated tax, net of the abatement amount, was outstanding.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Accompanied a study order, see H5040 (on 10/15/2020)

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