Bill

Bill > H2625


MA H2625

Allowing for the partial payment of 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

For legislation to authorize cities and towns to implement a system for the partial payment of property taxes and the charging of interest only on the unpaid balance. Revenue.

AI Summary

This bill allows cities and towns to implement a system for the partial payment of property taxes, where any interest charged would be calculated based on the reduced balance due after the partial payment. The bill amends various sections of Chapter 59 of the General Laws to enable this partial payment system, and also updates Section 22 of Chapter 60 to clarify that property owners can make partial payments on their taxes at any time up until the tax is advertised for sale or taking, or a warrant is issued for enforcement. This provides more flexibility for taxpayers to make partial payments and have the interest calculated on the remaining balance.

Committee Categories

Budget and Finance

Sponsors (8)

Last Action

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

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