H 3144
An Act relative to DOR interest rate parity
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, H.3144, addresses the issue of interest rates applied to outstanding tax liabilities with the Massachusetts Department of Revenue (DOR). Currently, the DOR’s interest rate policies may not align with prevailing market rates, potentially leading to overpayment of interest. The bill seeks to establish parity between the interest rates used by the DOR and those found in the broader financial market, ensuring fairness for taxpayers.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Jr. Bradley H. Jones
Cosponsors
Jr. Bradley H. Jones
Kimberly N. Ferguson
Paul K. Frost
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.