Session Laws

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. The first paragraph of section 38A of chapter 59 of the General Laws, as appearing in the 1986 Official Edition, is hereby amended by adding the following three sentences:- Failure to make the return required by this section shall bar such owner from any appeal of the commissioner's determination of value under this section, unless such owner was unable to comply with such request for reasons beyond such owner's control. If any owner in a return made under this section makes any statement which he knows to be false in a material particular, such false statement shall bar such person from any appeal under this section. If any such owner shall in any year fail to make the return required by this section, the commissioner shall estimate the value of the property, according to his best information and belief.

SECTION 2. The second paragraph of said section 38A of said chapter 59, as so appearing, is hereby amended by striking out, in line 15, the word "May" and inserting in place thereof the following word:- June.

SECTION 3. Said second paragraph of said section 38A of said chapter 59, as so appearing, is hereby further amended by striking out, in line 20, the word "June" and inserting in place thereof the following word:- July.

SECTION 4. Section 41 of said chapter 59, as so appearing, is hereby amended by adding the following two sentences:- Failure to make the return required by this section shall bar the company from any appeal of the commissioner's determination of value under section thirty-nine, unless such company was unable to comply with such request for reasons beyond such company's control. If any company, or any treasurer thereof, in a return made under this section makes any statement which is known to be false in a material particular, such false statement shall bar it from any appeal under section thirty-nine.

SECTION 5. Said chapter 59 is hereby further amended by striking out section 42, as so appearing, and inserting in place thereof the following section:-

Section 42. If any company, or any treasurer thereof, shall in any year, fail to make the return required by section forty-one, the commissioner shall estimate the value of the property of the company according to his best information and belief.