Bill
Bill > H4475
MA H4475
Authorizing the town of Wakefield to establish a means tested senior citizen property tax exemption
summary
Introduced
02/27/2020
02/27/2020
In Committee
02/27/2020
02/27/2020
Crossed Over
06/09/2020
06/09/2020
Passed
06/11/2020
06/11/2020
Dead
Signed/Enacted/Adopted
06/19/2020
06/19/2020
Introduced Session
191st General Court
Bill Summary
Authorizing the town of Wakefield to establish a means tested senior citizen property tax exemption
AI Summary
This bill authorizes the town of Wakefield to establish a means-tested senior citizen property tax exemption. The exemption would apply to residential properties owned and occupied by seniors (aged 65 or older) who meet certain income and asset requirements, such as being eligible for the state's circuit breaker tax credit. The exemption amount would be set annually by the board of assessors to match the circuit breaker credit, and the total exemption would be allocated proportionally within the residential tax levy. The exemption would expire after 3 years unless further extended.
Sponsors (2)
Other Sponsors (1)
Joint Committee on Revenue (J)
Last Action
Signed by the Governor, Chapter 97 of the Acts of 2020 (on 06/19/2020)
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/H4475 |
| Bill | https://malegislature.gov/Bills/191/H4475.pdf |
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