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
For legislation to create a local option property tax cap for low-income persons sixty-five years of age or older. Revenue.
AI Summary
This bill creates a local option property tax cap for low-income seniors in Massachusetts. Under this bill, cities and towns can choose to impose a cap on property taxes for homeowners aged 65 or older with incomes of $50,000 or less for single filers and $60,000 or less for married filers, and assets of $75,000 or less, excluding their primary residence and one motor vehicle. The assessments and tax rate changes for these qualified properties will be recalculated annually, with the lesser of the calculations prevailing as the property tax levy for that year.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Accompanied a study order, see H5128 (on 11/19/2020)
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/H2532 |
| Bill | https://malegislature.gov/Bills/191/H2532.pdf |
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