Bill

Bill > H2407


MA H2407

Relative to payments in lieu of taxation by organizations exempt from the property tax


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 payments in lieu of taxation by organizations exempt from the property tax. Revenue.

AI Summary

This bill amends Chapter 59 of the Massachusetts General Laws to require organizations that are exempt from property tax under the "clause third" provision to make payments in lieu of taxation on their real and personal property equal to 25% of the amount that would be paid if the property were not exempt. The bill allows cities and towns that vote to accept this section to adopt ordinances or bylaws to provide for agreements with these organizations, including exemptions from payment, consideration of community benefits as payment, and administration of the payments.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Accompanied a study order, see H5128 (on 11/19/2020)

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