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 property tax deferrals for certain elderly persons. Revenue.
AI Summary
This bill proposes to amend Section 5 of Chapter 59 of the General Laws in Massachusetts to increase the property tax deferral limit for certain elderly persons. Specifically, it raises the deferral limit to $40,000 in the taxable year beginning on January 1, 2019, and in subsequent years, the limit will be adjusted based on the percentage change in the Consumer Price Index (CPI). Additionally, the bill sets the deferral limit to the greater of the household income or $80,000, whichever is higher.
Committee Categories
Budget and Finance
Sponsors (11)
Cindy Friedman (D),
Ken Gordon (D),
Jim Hawkins (D),
Pat Jehlen (D),
Patrick Kearney (D),
Mary Keefe (D),
Dave Robertson (D),
Jon Santiago (D),
Bruce Tarr (R),
José Tosado (D),
Steve Ultrino (D),
Last Action
Accompanied a study order, see H5040 (on 10/15/2020)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H2483 |
| Bill | https://malegislature.gov/Bills/191/H2483.pdf |
Loading...