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House Bill 1266

Introduced House Bill (H)

DIGEST

Drainage board assessments. Specifies that for periodic payments of drainage assessments first certified after June 30, 2015, the interest rate is equal to the prime rate plus one percentage point (rather than 10%, under current law). Drainage board assessments. Specifies that for periodic payments of drainage assessments first certified after June 30, 2015, the interest rate is equal to the prime rate plus one percentage point (rather than 10%, under current law).