Bill
Bill > S2989
MA S2989
Relative to the establishment of a Hingham means-tested property tax exemption
summary
Introduced
12/23/2020
12/23/2020
In Committee
12/28/2020
12/28/2020
Crossed Over
01/05/2021
01/05/2021
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to the establishment of a Hingham means-tested property tax exemption (being the text of Senate, No. 2525, printed as amended)
AI Summary
This bill establishes a means-tested property tax exemption for qualifying senior homeowners in the town of Hingham, Massachusetts. The exemption amount, which ranges from 50% to 100% of the state's "circuit breaker" income tax credit, is set annually by the Board of Selectmen. Eligibility criteria include being 65 or older (or 60 or older for joint owners), meeting an income threshold, and having owned a home in Hingham for at least 10 years. The exemption is funded either through a proportional allocation within the residential tax levy or a budget appropriation not exceeding 1% of the municipality's tax levy. The bill is set to expire after 3 years unless reaffirmed by a town meeting vote.
Sponsors (2)
Other Sponsors (1)
Joint Committee on Revenue (J)
Last Action
Laid before the Governor (on 01/07/2021)
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/S2989 |
| Bill | https://malegislature.gov/Bills/191/S2989.pdf |
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