summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to the interest paid to taxpayers on tax abatements. Revenue.
AI Summary
This bill proposes to amend sections 64 and 69 of Chapter 59 of the General Laws to reduce the interest rate paid to taxpayers on tax abatements from eight percent to two percent. The bill aims to lower the interest rate that municipalities are required to pay to taxpayers who successfully appeal their property tax assessments and receive abatements.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H5080 (on 11/02/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H2604 |
| Bill | https://malegislature.gov/Bills/191/H2604.pdf |
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