SENATE DOCKET, NO. 716        FILED ON: 1/13/2009

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1312

The Commonwealth of Massachusetts

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In the Year Two Thousand Nine

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An Act to authorize municipalities to grant a discount for early quarterly payments of 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:
 

SECTION 1.  Chapter 59 of the General Laws, as appearing in the 2002 Official Edition, is amended by inserting after section 58A by inserting the following new section:-

Section 58B.  In any city or town that accepts the provisions of this section, on all property taxes assessed in a city or town and collected by a city or town tax collector, and said property taxes are collected in installments under section 57C; discounts for the early and full payment of each installment thereof shall be a percentage as determined by the city or town and said full installment payment must be received by a set number days as determined by the city or town; provided that, said city or town shall establish the percentage and date prior to the first quarter installment being mailed; provided further that, said notice of the discount and due date of payment for the discount shall be included in the installment payment statement.