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 making assisted living programs eligible for tax increment financing and allowing municipalities to provide flexible targeted incentives. Revenue.
AI Summary
This bill makes assisted living programs eligible for tax increment financing, which allows municipalities to provide flexible targeted incentives to stimulate job-creating development. Tax increment financing is a public financing method that uses future gains in taxes to finance current improvements.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H5128 (on 11/19/2020)
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/H2475 |
| Bill | https://malegislature.gov/Bills/191/H2475.pdf |
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