Bill Text: MA H2761 | 2009-2010 | 186th General Court | Introduced
Bill Title: The interest on late payments of real estate taxes
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 5/27 at 10:00 AM in Hearing Room B2 [H2761 Detail]
Download: Massachusetts-2009-H2761-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
Mary E. Grant
_______________
To the
Honorable Senate and House of Representatives of the Commonwealth of
Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act relative to the interest rate on late payment of real estate taxes.
_______________
PETITION OF:
|
Name: |
District/Address: |
|
Mary E. Grant |
6th Essex |
|
Lori Ehrlich |
8th Essex |
[SIMILAR MATTER FILED IN PREVIOUS
SESSION
SEE HOUSE, NO. 2927 OF 2007-2008.]
The Commonwealth of
Massachusetts
_______________
In the Year Two Thousand and Nine
_______________
An Act relative to the interest rate on late payment of real estate
taxes.
Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
SECTION 1. Section 57 of chapter 59 of the General Laws, as appearing in the 2004 Official Edition, is hereby amended by striking out, in line 11, the words “interest at the rate of fourteen per cent per annum,” and inserting in place thereof the following words:– interest at a rate to be set by adding four per cent to the current prime rate as published in the Wall Street Journal.
