An Act providing for settlements of tax liability

This bill allows Massachusetts taxpayers to negotiate written agreements with the state to settle tax debts when full payment is not possible. It permits settlements if there is a genuine dispute over the tax amount, doubt about whether the taxpayer can pay, or special circumstances that make strict collection unfair. To qualify, taxpayers must first file all required tax returns, and the state will review settlement offers based on guidelines that ensure the taxpayer can still afford basic living expenses. The law also requires the Attorney General to review any settlement that reduces the debt by $50,000 or more, while preventing officials from rejecting offers simply because the amount is low.