| 1 | 1 | | 1 of 1 |
|---|
| 2 | 2 | | HOUSE DOCKET, NO. 143 FILED ON: 1/6/2025 |
|---|
| 3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 3238 |
|---|
| 4 | 4 | | The Commonwealth of Massachusetts |
|---|
| 5 | 5 | | _________________ |
|---|
| 6 | 6 | | PRESENTED BY: |
|---|
| 7 | 7 | | Adam J. Scanlon |
|---|
| 8 | 8 | | _________________ |
|---|
| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
|---|
| 10 | 10 | | Court assembled: |
|---|
| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
|---|
| 12 | 12 | | An Act regarding late payments and interest rates for real estate bills and personal property taxes. |
|---|
| 13 | 13 | | _______________ |
|---|
| 14 | 14 | | PETITION OF: |
|---|
| 15 | 15 | | NAME:DISTRICT/ADDRESS :DATE ADDED:Adam J. Scanlon14th Bristol1/6/2025Andres X. Vargas3rd Essex2/9/2025Patrick Joseph Kearney4th Plymouth3/10/2025 1 of 1 |
|---|
| 16 | 16 | | HOUSE DOCKET, NO. 143 FILED ON: 1/6/2025 |
|---|
| 17 | 17 | | HOUSE . . . . . . . . . . . . . . . No. 3238 |
|---|
| 18 | 18 | | By Representative Scanlon of North Attleborough, a petition (accompanied by bill, House, No. |
|---|
| 19 | 19 | | 3238) of Adam J. Scanlon, Andres X. Vargas and Patrick Joseph Kearney regarding late |
|---|
| 20 | 20 | | payments and interest rates for real estate bills and personal property taxes. Revenue. |
|---|
| 21 | 21 | | The Commonwealth of Massachusetts |
|---|
| 22 | 22 | | _______________ |
|---|
| 23 | 23 | | In the One Hundred and Ninety-Fourth General Court |
|---|
| 24 | 24 | | (2025-2026) |
|---|
| 25 | 25 | | _______________ |
|---|
| 26 | 26 | | An Act regarding late payments and interest rates for real estate bills and personal property taxes. |
|---|
| 27 | 27 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
|---|
| 28 | 28 | | of the same, as follows: |
|---|
| 29 | 29 | | 1 SECTION 1. Section 57 of chapter 59 of the General Laws, as appearing in the 2020 |
|---|
| 30 | 30 | | 2Official Edition, is hereby amended by striking out, in lines 11 through 12, the words "interest at |
|---|
| 31 | 31 | | 3the rate of 14 percent per annum" and inserting in place thereof the following words:- |
|---|
| 32 | 32 | | 4 "interest at the rate of up to 14 percent per annum, as determined by the city council, |
|---|
| 33 | 33 | | 5town meeting, or other equivalent legislative body" |
|---|
| 34 | 34 | | 6 SECTION 2. Said section 57 of chapter 59 of the General Laws, as so appearing, is |
|---|
| 35 | 35 | | 7hereby further amended by adding the following paragraph:- |
|---|
| 36 | 36 | | 8 For the purposes of carrying out the first paragraph, the collector, treasurer, or equivalent |
|---|
| 37 | 37 | | 9party may waive interest fees on late payments and may set up a payment plan with the party |
|---|
| 38 | 38 | | 10responsible for unpaid balances on real estate and personal property taxes. |
|---|