Bill

Bill > H2947


MA H2947

MA H2947
Regarding late payments and interest rates for real estate bills and personal property taxes


summary

Introduced
02/16/2023
In Committee
03/25/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

Relative to late payments and interest rates for real estate bills and personal property taxes. Revenue.

AI Summary

This bill amends the General Laws of Massachusetts to allow city councils, town meetings, or other equivalent legislative bodies to set the interest rate for late payments on real estate bills and personal property taxes at up to 14 percent per annum. The bill also authorizes collectors, treasurers, or equivalent parties to waive interest fees on late payments and set up payment plans for unpaid balances on real estate and personal property taxes.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

No further action taken (on 12/31/2024)

Bill Topics

Government Operations
  • ‐ Tax Administration and Collection of Revenue
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/193/H2947 03/14/2023
BillText https://malegislature.gov/Bills/193/H2947.pdf 03/14/2023
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