MA S1644

Bill

Relative to the interest rate on tax-deferred property

Introduced
01/23/2017

In Committee
05/11/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation relative to the interest rate on tax-deferred property. Revenue.

AI Summary

This bill amends Clause Forty-first A of section 5 of Chapter 59 of the General Laws to allow cities and towns to set the interest rate on tax-deferred property at a lower rate than the current 60% rate specified in Chapter 60. This provides local governments with more flexibility in determining the appropriate interest rate for tax-deferred property owners within their jurisdictions.

Committee Categories

Budget and Finance

Sponsors (1)

Bruce Tarr (R),

Last Action

Accompanied S1503 (on 07/20/2017)

Official Document

https://malegislature.gov/Bills/190/S1644

(6 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/S1644
Bill	https://malegislature.gov/Bills/190/S1644.pdf

Bill	Bill Name	Last Action	Type
H1614	Relative to equalizing the Department of Revenue interest rates	Accompanied S1604	Similar To
H2303	Relative to prejudgment interest rates	Accompanied a study order, see H4874	Similar To
H2624	Relative to interest on property tax bills	Accompanied a study order, see H4244	Similar To
S1503	Relative to senior citizen property taxes	New draft substituted, see S2124	Replaced by
S1573	Relative to equalizing the Department of Revenue interest rates	Accompanied S1604	Similar To
S887	Relative to prejudgment interest rates	Accompanied a study order, see S2313	Similar To

Bill > S1644

MA S1644

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

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