MA H1609

Bill

Relative to interest on abatements

Introduced
01/23/2017

In Committee
01/23/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to the interest paid to taxpayers on tax abatements. Revenue.

AI Summary

This bill reduces the interest rate paid to taxpayers on tax abatements from 8% to 2%. The current law specifies an 8% interest rate, which this bill proposes to change to 2% for both Section 64 and Section 69 of Chapter 59 of the General Laws in Massachusetts.

Committee Categories

Budget and Finance

Sponsors (3)

Michelle DuBois (D), Matt Muratore (R), Elizabeth Poirier (R),

Last Action

Accompanied a study order, see H4244 (on 02/22/2018)

Official Document

https://malegislature.gov/Bills/190/H1609

(8 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/H1609
Bill	https://malegislature.gov/Bills/190/H1609.pdf

Bill	Bill Name	Last Action	Type
H1500	Relative to tax abatements for disabled veterans	Accompanied a study order, see H4244	Similar To
H1526	Updating interest rates for property tax abatements	Accompanied a study order, see H4244	Similar To
H1555	Relative to taxation abatements	Accompanied a study order, see H4244	Similar To
H1610	Relative to municipal option abatement for contaminated real property	Accompanied a study order, see H4244	Similar To
H4244	House study order	No further action taken	Replaced by
S1520	Protecting the interests of housing cooperative shareholders	Accompanied a new draft, see H4211	Similar To
S1583	Relative to tax abatements for deaf residents	Accompanied S1503	Similar To
S2135	Improving real property tax abatements, application deadlines, and deferrals	No further action taken	Similar To

Bill > H1609

MA H1609

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (3)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary