SENATE DOCKET, NO. 1494        FILED ON: 1/16/2015

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1580

 

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

Viriato M. deMacedo

Plymouth and Barnstable

Robert L. Hedlund

Plymouth and Norfolk

Donald F. Humason, Jr.

Second Hampden and Hampshire


SENATE DOCKET, NO. 1494        FILED ON: 1/16/2015

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1580

By Mr. Tarr, a petition (accompanied by bill, Senate, No. 1580) of Bruce E. Tarr, Viriato M. deMacedo, Robert L. Hedlund and Donald F. Humason, Jr. for legislation relative to the interest rate on tax-deferred property.  Revenue.

 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. 1424 OF 2013-2014.]

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Eighty-Ninth General Court
(2015-2016)

_______________

 

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 2014 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;”