Delinquent on rent by the 10th? A pleasant, overdue relief starts from June 24th.
Late Utility Bill Payments Blues: A New Russian Law Gives Time to Breathe
Looks like the Russian President Vladimir Putin has signed a game-changer into law on June 24, 2023. This law is aimed squarely at millions of residents who often find themselves juggling time and finances when it comes to paying those pesky utility bills. The details of this groundbreaking law can be found on the official portal of legal acts.
The main amendment here is an extended payment deadline—residents now have until the 15th of the month following the billing period, not the 10th, to catch up on their bills. Lawmakers believe this move is just what citizens need to steer clear of late payments and pesky penalties.
According to Sergei Kолунов, Deputy Chairman of the State Duma Committee on Construction and Housing and Utilities, many folks in Russia receive their salaries after the 10th, making it a struggle to meet the previous deadlines. This new system should make it easier to plan finances and ensure bills are paid on time.
But it doesn't stop there—the deadline for submitting payment documents (both paper and electronic) has also been extended. Bills should now be received no later than the 5th, instead of the 1st, of the month following the billing period.
Good news is, this law will take effect on March 1, 2026.
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The Skinny:
- A new Russian law signed by President Putin on June 24 extends utility bill payment deadlines for citizens.
- Citizens now have until the 15th of the month, not the 10th, to pay their bills.
- The deadline for submitting payment documents has also been extended from the 1st to the 5th of the month following the billing period.
- This law is set to take effect on March 1, 2026.
- The law provides relief for citizens struggling to meet payment deadlines on time.
- Details about the exact length of the extensions are yet to be made clear in the current search results.
This new Russian law, signed by President Putin on June 24, 2023, offers relief to citizens by extending utility bill payment deadlines within the industry, providing them until the 15th of the month to make their payments, instead of the previous 10th. Also, the deadline for submitting payment documents has been adjusted, with documents now acceptable up to the 5th, instead of the 1st, of the month following the billing period. This law, set to take effect on March 1, 2026, aims to alleviate financial pressure on citizens within the finance sector.