summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to property tax relief for elderly persons. Revenue.
AI Summary
This bill proposes to amend the property tax relief for elderly persons provision in the Massachusetts General Laws. Specifically, it changes the maximum property value threshold for eligibility from a fixed amount of $600,000 to the median assessed value for a single-family home in the municipality for the preceding calendar year, as calculated by the state Department of Revenue. This change aims to make the property tax relief more equitable by adjusting the threshold based on the local housing market conditions in each municipality.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a study order, see H5080 (on 11/02/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H2588 |
| Bill | https://malegislature.gov/Bills/191/H2588.pdf |
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