Bill
Bill > H3995
summary
Introduced
07/24/2019
07/24/2019
In Committee
07/24/2019
07/24/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
That the town of Winchester be authorized to establish a senior property tax exemption in said town. Revenue. [Local Approval Received.]
AI Summary
This bill authorizes the town of Winchester to establish a senior property tax exemption. The exemption would apply to real property classified as residential, with the amount of the exemption set annually by the select board within a range of 50% to 200% of the circuit breaker income tax credit. To qualify, the applicant must meet certain criteria, including having an income that would make them eligible for the circuit breaker credit, being 65 years of age or older (or 60 years old if co-owned), having owned a home in Winchester for at least 10 years, and having a maximum assessed home value below the circuit breaker credit limit. The total exemption amount would be allocated proportionally within the residential tax levy.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a new draft, see H4476 (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 |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H3995 |
| Bill | https://malegislature.gov/Bills/191/H3995.pdf |
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