summary
Introduced
01/20/2015
01/20/2015
In Committee
01/20/2015
01/20/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th 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 annual interest rate charged on overdue property tax bills from fourteen percent to two percent. This change would apply to several sections of chapter 59 of the General Laws, which governs property taxes, specifically sections 57, 57A, 57B, and 57C. The intent is to lessen the financial burden on individuals who are late in paying their property taxes by significantly lowering the penalty rate.
Committee Categories
Budget and Finance
Sponsors (11)
Paul McMurtry (D)*,
Brian Ashe (D),
Jay Barrows (R),
Marjorie Decker (D),
Michelle DuBois (D),
Sean Garballey (D),
Louis Kafka (D),
Mike Moore (D),
Angelo Scaccia (D),
Benjamin Swan (D),
Walter Timilty (D),
Last Action
Accompanied a study order, see H4639 (on 09/26/2016)
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/189/House/H3511 |
| State Bill Page | https://malegislature.gov/Bills/189/H3511 |
| Bill | https://malegislature.gov/Bills/189/H3511.pdf |
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