An Act regarding late payments and interest rates for real estate bills and personal property taxes
Generates a plain-language summary of the bill text and history.
| Date | Branch | Action |
|---|---|---|
| 2/9/2026 | House | Read second and ordered to a third reading |
| 2/9/2026 | House | Rules suspended |
| 2/9/2026 | House | Committee reported that the matter be placed in the Orders of the Day for the next sitting |
| 1/15/2026 | House | Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling |
| 10/28/2025 | Joint | Hearing scheduled for 11/07/2025 from 10:00 AM-02:00 PM in Gardner Auditorium |
| 7/14/2025 | Joint | Hearing canceled – new hearing TBD |
| 7/11/2025 | Joint | |
| 2/27/2025 | Senate | Senate concurred |
| 2/27/2025 | House | Referred to the committee on Revenue |
| Committee | Recommendation | Vote |
|---|---|---|
| J26 | Favorable | 1 entries |
| H52 | Place in OD | — |
Section 57 of chapter 59 of the General Laws, as appearing in the 2020 Official Edition, is hereby amended by striking out, in lines 11 through 12, the words "interest at the rate of 14 percent per annum" and inserting in place thereof the following words:- "interest at the rate of up to 14 percent per annum, as determined by the city council, town meeting, or other equivalent legislative body"
Said section 57 of chapter 59 of the General Laws, as so appearing, is hereby further amended by adding the following paragraph:- For the purposes of carrying out the first paragraph, the collector, treasurer, or equivalent party may waive interest fees on late payments and may set up a payment plan with the party responsible for unpaid balances on real estate and personal property taxes.
SECTION 1. Section 57 of chapter 59 of the General Laws, as appearing in the 2020 Official Edition, is hereby amended by striking out, in lines 11 through 12, the words "interest at the rate of 14 percent per annum" and inserting in place thereof the following words:- "interest at the rate of up to 14 percent per annum, as determined by the city council, town meeting, or other equivalent legislative body" SECTION 2. Said section 57 of chapter 59 of the General Laws, as so appearing, is hereby further amended by adding the following paragraph:- For the purposes of carrying out the first paragraph, the collector, treasurer, or equivalent party may waive interest fees on late payments and may set up a payment plan with the party responsible for unpaid balances on real estate and personal property taxes.