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Bill > H2600


MA H2600

Relative to municipal option abatement for contaminated real property


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to municipal option tax abatements for contaminated real property. Revenue.

AI Summary

This bill allows municipalities in Massachusetts to offer tax abatements or forgiveness of delinquent taxes for contaminated real property, provided the owner or prospective purchaser agrees to conduct the necessary environmental assessment, containment, and removal to redevelop the property. The bill also allows municipalities to fix the property assessment for up to 7 years for properties that have undergone an approved environmental response action. Municipalities must notify the state's environmental and revenue departments within 30 days of granting any such tax relief.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H5080 (on 11/02/2020)

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