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MA H3068

Bill

Official Source

Status

Introduced

2/27/2025

Primary Sponsor

Mark Cusack

Click for details

Origin

House of Representatives

194th General Court

AI Summary

  • Reduces the interest rate on delinquent property taxes from 14% to 8% per year (amending Chapter 59, Section 57)

  • Lowers the interest rate on deferred property taxes from 14% to 8% (amending Chapter 59, Section 57C)

  • Decreases the interest rate on tax title redemptions from 16% to 8% (amending Chapter 60, Section 68)

  • Creates uniformity by setting a single 8% interest rate across all three categories of unpaid or deferred property taxes in Massachusetts

Legislative Description

Relative to delinquent and deferred interest rate uniformity

Last Action

Reported date extended to Wednesday, March 18, 2026

3/9/2026

Committee Referrals

Revenue2/27/2025

Full Bill Text

No bill text available