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
For legislation relative to adjusting the senior circuit breaker property valuation. Revenue.
AI Summary
This bill amends the existing law to adjust the senior circuit breaker property valuation. Specifically, it changes the property value limit from a fixed amount of $600,000 to the greater of $600,000 or the average value of a single-family home in the municipality as determined by the local Assessor for the previous fiscal year. This adjustment aims to provide more flexibility and better reflect the actual property values in different municipalities.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Accompanied H2477 (on 02/27/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://malegislature.gov/Bills/191/S1621 |
Bill | https://malegislature.gov/Bills/191/S1621.pdf |
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