HOUSE DOCKET, NO. 2407 FILED ON: 1/15/2015
HOUSE . . . . . . . . . . . . . . . No. 2558
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The Commonwealth of Massachusetts
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PRESENTED BY:
Bradley H. Jones, Jr.
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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 DOR interest rate parity.
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PETITION OF:
Name: | District/Address: | Date Added: |
Bradley H. Jones, Jr. | 20th Middlesex | 1/15/2015 |
Bradford R. Hill | 4th Essex | 1/29/2015 |
Elizabeth A. Poirier | 14th Bristol | 1/16/2015 |
Susan Williams Gifford | 2nd Plymouth | 11/19/2019 |
Todd M. Smola | 1st Hampden | 11/19/2019 |
Paul K. Frost | 7th Worcester | 11/19/2019 |
F. Jay Barrows | 1st Bristol | 11/19/2019 |
Shawn Dooley | 9th Norfolk | 11/19/2019 |
Sheila C. Harrington | 1st Middlesex | 11/19/2019 |
Steven S. Howitt | 4th Bristol | 11/19/2019 |
Kimberly N. Ferguson | 1st Worcester | 11/19/2019 |
Mathew Muratore | 1st Plymouth | 11/19/2019 |
Leah Cole | 12th Essex | 11/19/2019 |
Kevin J. Kuros | 8th Worcester | 11/19/2019 |
Timothy R. Whelan | 1st Barnstable | 11/19/2019 |
Randy Hunt | 5th Barnstable | 11/19/2019 |
David T. Vieira | 3rd Barnstable | 11/19/2019 |
HOUSE DOCKET, NO. 2407 FILED ON: 1/15/2015
HOUSE . . . . . . . . . . . . . . . No. 2558
By Mr. Jones of North Reading, a petition (accompanied by bill, House, No. 2558) of Bradley H. Jones, Jr., and others relative to calculations of interest for refunds issued by the Department of Revenue. Revenue. |
The Commonwealth of Massachusetts
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In the One Hundred and Eighty-Ninth General Court
(2015-2016)
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An Act relative to DOR interest rate parity.
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. Section 37 of chapter 62C of the General Laws, as appearing in the 2012 Official Edition, is hereby amended by striking out the last sentence of the second paragraph.
SECTION 2. Section 40 of said chapter 62C, as so appearing, is hereby amended by striking out paragraph (a) and inserting in place thereof the following paragraph:-
(a) If any refund of any tax, interest or penalties is made pursuant to sections thirty, thirty-one A, thirty-six, thirty-six A, thirty-seven or thirty-nine of this chapter, or sections twenty-seven or twenty-seven A of chapter sixty-five, or section six of chapter sixty-five A, the state treasurer shall repay to the taxpayer the amount of such refund with interest thereon at the rate established under subsection (a) of section 32 of this chapter, except as hereinafter provided, from the date of overpayment to a date, to be determined by the commissioner, preceding the date of the refund check by not more than thirty days, whether or not such refund check is accepted by the taxpayer after tender of such to the taxpayer. The acceptance of such check shall be without prejudice to any right of the taxpayer to claim any additional overpayment and interest thereon.
SECTION 3. This act shall take effect January 1, 2015.