Bill

Bill > S966


MA S966

MA S966
Clarifying municipal authority regarding cash sureties and foreclosures


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 clarify municipal authority regarding cash sureties and foreclosures. The Judiciary.

AI Summary

This bill aims to clarify the authority of municipalities in Massachusetts to require entities foreclosing on or controlling vacant properties to provide a cash surety of up to $10,000. It proposes amending Section 127I of Chapter 111 of the General Laws to allow municipalities to enact ordinances or bylaws requiring such cash sureties, which could help municipalities manage the upkeep of vacant foreclosed properties.

Committee Categories

Justice

Sponsors (3)

Last Action

Accompanied a study order, see S2496 (on 02/03/2020)

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