MA H2598

Bill

Relative to equalizing the Department of Revenue interest rates

Introduced
01/22/2019

In Committee
01/22/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to equalize the Department of Revenue interest rates. Revenue.

AI Summary

This bill aims to equalize the interest rates charged by the Massachusetts Department of Revenue. Specifically, the bill amends the state's tax code to require that any unpaid taxes be subject to interest charged at the federal short-term rate plus 2 percentage points, calculated as simple interest. This change would make the interest rate consistent across all tax payments owed to the Department of Revenue.

Committee Categories

Budget and Finance

Sponsors (1)

Elizabeth Poirier (R),

Last Action

Accompanied H2512 (on 03/04/2020)

Official Document

https://malegislature.gov/Bills/191/H2598

(11 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/H2598
Bill	https://malegislature.gov/Bills/191/H2598.pdf

Bill	Bill Name	Last Action	Type
H2308	Relative to creditable service for Robert Iantosca, an employee of the Department of Revenue	Bill reported favorably by committee and referred to the committee on House Ways and Means	Similar To
H2442	Regarding economic development to enable state residents to attract out-of-state businesses through financial incentives	Accompanied a study order, see H5128	Similar To
H2465	Relative to promoting the commonwealth tax incentive	Accompanied a study order, see H5128	Similar To
H2512	Relative to DOR interest rate parity	Bill reported favorably by committee and referred to the committee on House Ways and Means	Replaced by
H2563	Relative to interest on property tax bills	Accompanied a study order, see H5080	Similar To
H2564	Relative to DOR audits on senior citizens	Accompanied a study order, see H5080	Similar To
S1725	Relative to equalizing the Department of Revenue interest rates	Accompanied H2512	Similar To
S1865	To require periodic regulatory review at the Department of Revenue	Accompanied a study order, see S2569	Similar To
S1928	To equitably support enhanced 911 service	Accompanied a study order, see S2552	Similar To
S702	To establish the family caregiver tax credit	Ought NOT to pass (under Joint Rule 10) and placed in the Orders of the Day for the next session	Similar To
S967	Relative to prejudgment interest rates	Accompanied a study order, see S2496	Similar To

Bill

Bill Name

Last Action

Type

H2308

Relative to creditable service for Robert Iantosca, an employee of the Department of Revenue

Bill reported favorably by committee and referred to the committee on House Ways and Means

Similar To

H2442

Regarding economic development to enable state residents to attract out-of-state businesses through financial incentives

Accompanied a study order, see H5128

Similar To

H2465

Relative to promoting the commonwealth tax incentive

Accompanied a study order, see H5128

Similar To

H2512

Relative to DOR interest rate parity

Bill reported favorably by committee and referred to the committee on House Ways and Means

Replaced by

H2563

Relative to interest on property tax bills

Accompanied a study order, see H5080

Similar To

H2564

Relative to DOR audits on senior citizens

Accompanied a study order, see H5080

Similar To

S1725

Relative to equalizing the Department of Revenue interest rates

Accompanied H2512

Similar To

S1865

To require periodic regulatory review at the Department of Revenue

Accompanied a study order, see S2569

Similar To

S1928

To equitably support enhanced 911 service

Accompanied a study order, see S2552

Similar To

S702

To establish the family caregiver tax credit

Ought NOT to pass (under Joint Rule 10) and placed in the Orders of the Day for the next session

Similar To

S967

Relative to prejudgment interest rates

Accompanied a study order, see S2496

Similar To

Bill > H2598

MA H2598

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

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