SENATE DOCKET, NO. 1379        FILED ON: 1/18/2013

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1424

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Bruce E. Tarr

_________________

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 relative to the interest rate on tax-deferred property.

_______________

PETITION OF:

 

Name:

District/Address:

Bruce E. Tarr

First Essex and Middlesex

Geoff Diehl

7th Plymouth


SENATE DOCKET, NO. 1379        FILED ON: 1/18/2013

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1424

By Mr. Tarr, a petition (accompanied by bill, Senate, No. 1424) of Bruce E. Tarr and Geoff Diehl for legislation relative to the interest rate on tax-deferred property.  Revenue.

 

The Commonwealth of Massachusetts

 

_______________

In the Year Two Thousand Thirteen

_______________

 

An Act relative to the interest rate on tax-deferred property.

 

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. Clause Forty-first A of section 5 of chapter 59 of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by striking, in line 1064, the words “chapter sixty;” and inserting in place thereof the following:-

“chapter sixty, or such lesser rate as may be determined by the legislative body of the city or town, subject to its charter;”