summary
Introduced
01/22/2019
01/22/2019
In Committee
02/27/2020
02/27/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to repealing property tax exemptions for certain lessees of Massachusetts Port Authority property. Revenue.
AI Summary
This bill proposes to repeal the property tax exemption for certain lessees of Massachusetts Port Authority (Massport) property. Under the current law, real property owned by Massport and leased to a private business for profit is exempt from being taxed directly to the lessee. This bill would remove that exemption, allowing the local municipality to tax the lessee of the Massport property as if they were the owner, though the tax would not be a lien on the actual property itself. The bill also authorizes Massport to enter into agreements with the Boston Redevelopment Authority to make annual payments in lieu of taxes for Massport-owned property in the city of Boston.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling (on 02/27/2020)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/H2481 |
Bill | https://malegislature.gov/Bills/191/H2481.pdf |
Loading...