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 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)
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/H2600 |
Bill | https://malegislature.gov/Bills/191/H2600.pdf |
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