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Bill > S2192


MA S2192

MA S2192
Relative to the improvement in the process for collecting delinquent property taxes


summary

Introduced
03/28/2016
In Committee
03/28/2016
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation relative to the improvement in the process for collecting delinquent property taxes; and of John J. Mahoney and others relative to the process for collecting delinquent property taxes,- reports the accompanying bill (Senate, No. 2192).

AI Summary

This bill proposes to amend Section 68 of Chapter 60 of the General Laws, which deals with the collection of delinquent property taxes, by adding new provisions that allow tax collectors to offer more flexible options to property owners who are behind on their payments. Instead of solely relying on a "warrant," which is a legal document authorizing the seizure of property for unpaid taxes, collectors can now consider options such as establishing extended repayment plans, reducing or waiving accrued interest on the overdue amount, or delaying a foreclosure decree. This delay in foreclosure is specifically intended to allow residents to remain in their homes if they are elderly, disabled, or facing other circumstances that warrant public interest, provided there is enough equity in the property to ensure repayment after the deferral period ends, or if other terms and conditions are met that serve the public interest.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Joint Committee on Revenue (Joint)

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 03/28/2016)

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