Whereas, The deferred operation of this act would tend to defeat its purpose, which is to immediately authorize the waiver or abatement of interest and penalty on use taxes assessed upon certain out-of-state nonbusiness purchases, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
Notwithstanding the provisions of chapter sixty-two C of the General Laws, the commissioner of revenue may, for good cause, waive or abate, in whole or in part, interest or penalty charges required to be included in the assessment of use taxes upon personal, nonbusiness goods purchased in Connecticut and Rhode Island prior to June first, nineteen hundred and eighty-eight, by a Massachusetts inhabitant; provided, however, that such assessment results directly from information or data obtained under the Tri-State Compact, so-called, between Massachusetts, Connecticut and Rhode Island. Interest, however, shall accrue upon such assessment not paid within ninety days following the date of the notice of assessment.
Application for abatement of such interest may, in addition to the time periods provided under section thirty-seven of said chapter sixty-two C, be filed with the commissioner of revenue on or before December thirty-first, nineteen hundred and ninety-one.
The authority granted under this act to waive or abate interest or penalty charges shall terminate on December thirty-first, nineteen hundred and ninety-two.
Notwithstanding the foregoing, no penalty shall be imposed by said commissioner for the failure to pay such assessment and no person shall be required to pay a penalty for such failure, provided however, that such assessment is paid within ninety days following the date of notice of such assessment.