summary
Introduced
03/29/2021
03/29/2021
In Committee
07/25/2022
07/25/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to property tax deferrals for senior citizens. Revenue.
AI Summary
This bill amends the existing law to change the interest rate for property tax deferrals for senior citizens. Under the current law, the interest rate was based on the rate provided in section 62 of chapter 60. The bill proposes to instead set the interest rate at a fixed rate equal to the prime rate reported by the Federal Reserve Board, plus 2%.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
No further action taken (on 01/03/2023)
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/192/H3036 |
| Bill | https://malegislature.gov/Bills/192/H3036.pdf |
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