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