MA S1604

Bill

Providing interest rate parity

Introduced
01/23/2017

In Committee
05/10/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to provide interest rate parity. Revenue.

AI Summary

This bill amends the existing Massachusetts state law to provide interest rate parity. Specifically, it changes the interest rate on tax refunds to match the interest rate established under Section 32 of Chapter 62C of the General Laws. This means that taxpayers will receive interest on their refunds at the same rate as the interest charged on late tax payments, ensuring equal treatment. The bill takes effect on January 1, 2017.

Committee Categories

Budget and Finance

Sponsors (1)

Michael Rodrigues (D),

Last Action

No further action taken (on 01/01/2019)

Official Document

https://malegislature.gov/Bills/190/S1604

(11 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/S1604
Bill	https://malegislature.gov/Bills/190/S1604.pdf

Bill	Bill Name	Last Action	Type
H1550	Relative to DOR interest rate parity	Accompanied S1604	Similar To
H1614	Relative to equalizing the Department of Revenue interest rates	Accompanied S1604	Replaces
H258	To promote fairness between traditional public schools and regional vocational schools	Accompanied a study order, see H4672	Similar To
H2624	Relative to interest on property tax bills	Accompanied a study order, see H4244	Similar To
H485	Requiring mental health parity for disability policies	Accompanied a study order, see H4778	Similar To
H878	Reducing interest liability in treble damage settlements	Accompanied a study order, see H4874	Similar To
S1410	Establishing retirement parity for long term public defenders	Accompanied a study order, see S2491	Similar To
S1573	Relative to equalizing the Department of Revenue interest rates	Accompanied S1604	Replaces
S213	Relative to school transportation parity	Accompanied a study order, see S2428	Similar To
S392	For parity in all organizational and non-individual campaign contributions	Accompanied a study order, see S2399	Similar To
S517	Relative to transparency for mental health parity	Accompanied a study order, see S2496	Similar To

Bill

Bill Name

Last Action

Type

H1550

Relative to DOR interest rate parity

Accompanied S1604

Similar To

H1614

Relative to equalizing the Department of Revenue interest rates

Accompanied S1604

Replaces

H258

To promote fairness between traditional public schools and regional vocational schools

Accompanied a study order, see H4672

Similar To

H2624

Relative to interest on property tax bills

Accompanied a study order, see H4244

Similar To

H485

Requiring mental health parity for disability policies

Accompanied a study order, see H4778

Similar To

H878

Reducing interest liability in treble damage settlements

Accompanied a study order, see H4874

Similar To

S1410

Establishing retirement parity for long term public defenders

Accompanied a study order, see S2491

Similar To

S1573

Relative to equalizing the Department of Revenue interest rates

Accompanied S1604

Replaces

S213

Relative to school transportation parity

Accompanied a study order, see S2428

Similar To

S392

For parity in all organizational and non-individual campaign contributions

Accompanied a study order, see S2399

Similar To

S517

Relative to transparency for mental health parity

Accompanied a study order, see S2496

Similar To

Bill > S1604

MA S1604

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary