Bill > H2501

This bill amends Section 77 of Chapter 60 of the General Laws to clarify when a city or town can be considered to have received a benefit from certain provisions related to properties held under a tax title or taking. Specifically, it states that a municipality will not be deemed to receive any benefit from these provisions before the foreclosure of the rights of redemption, which is the legal process where a property owner can reclaim their property after it has been taken for unpaid taxes, unless the city or town is actually occupying the property or collecting rent from it. This change provides a clearer definition of what constitutes a benefit received by the municipality in such situations, particularly concerning revenue generated from these properties before the final resolution of the tax title.