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 property tax deferrals for senior citizens. Revenue.
AI Summary
This bill amends the property tax deferral program for senior citizens in Massachusetts. Specifically, it changes the interest rate charged on deferred property taxes from the rate provided in state law to a rate equal to the prime rate reported by the Federal Reserve plus 2%. This change aims to make the deferral program more accessible and affordable for senior homeowners.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a new draft, see H4811 (on 06/25/2020)
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/H2589 |
| Bill | https://malegislature.gov/Bills/191/H2589.pdf |
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