AN ACT FURTHER REGULATING PAYMENT AGREEMENTS FOR LOCAL 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. Section 62 of chapter 60 of the General Laws, as appearing in the 2004 Official Edition, is hereby amended by striking out, in lines 14 and 15, the words “, each of which except the last, shall be in an amount of not less than twenty-five per cent of the sum for which the land was originally sold”.
SECTION 2. Said section 62 of said chapter 60, as so appearing, is hereby further amended by striking out, in lines 25 and 26, the words “one year beyond the time period provided by section sixty-five; but not more than one such extension shall be granted” and inserting in place thereof the following words:- 2 years beyond the time period provided by section 65.
Approved November 8, 2006.