Bill

Bill > H1495


MA H1495

Relative to the collection of personal property taxes


summary

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 collection of personal property taxes. Revenue.

AI Summary

This bill amends Chapter 60 of the General Laws to establish a lien on personal property for unpaid personal property taxes. The lien will have the force and effect of an unperfected lien under the Uniform Commercial Code (UCC), and can be perfected by the municipal collector filing a financing statement. This allows the collector to use remedies available to holders of secured interests under the UCC to collect the unpaid taxes, in addition to other existing remedies. The bill also allows the collector to assign the tax receivable and lien to other secured parties who pay the balance due.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

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

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...