Bill

Bill > H2563


MA H2563

Relative to interest on property tax 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

For legislation to reduce the interest rate on overdue property tax bills to two percent annually. Revenue.

AI Summary

This bill proposes to reduce the interest rate on overdue property tax bills from 14% to 2% annually. The bill amends several sections of Chapter 59 of the General Laws, which govern property taxation, to make this change. This change would apply to late payments on property tax bills, providing relief for taxpayers who are behind on their payments.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Accompanied a study order, see H5080 (on 11/02/2020)

bill text


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