MA S1808

Bill

MA S1808

Providing tax relief to seniors while creating affordable housing

Introduced
03/29/2021

In Committee
03/10/2022

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to provide tax relief to seniors while creating affordable housing. Revenue.

AI Summary

This bill provides tax relief to seniors while creating affordable housing. It allows municipalities to establish a "Homes Preservation Plan" that offers property tax deferral to homeowners over 65 or those who meet low/moderate income requirements, in exchange for the municipality's right of first refusal if the homeowner decides to sell. The deferred taxes would be paid when the home is sold, without interest or cost. Municipalities can also include homes with ancillary rental units in the plan and require rent limits on those units. The bill aims to help seniors stay in their homes while also increasing the availability of affordable housing.

Committee Categories

Budget and Finance

Sponsors (1)

Harriette Chandler (D)*,

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 03/10/2022)

Official Document

https://malegislature.gov/Bills/192/S1808

(9 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/S1808
Bill	https://malegislature.gov/Bills/192/S1808.pdf

Bill	Bill Name	Last Action	Type
H1382	Relative to low-income housing eligibility for disabled veterans	No further action taken	Similar To
H2935	Relative to property tax relief for veterans	Accompanied a study order, see H5200	Similar To
H2939	Relative to improving the efficiency of the state low income housing tax credit	Accompanied a study order, see H5043	Similar To
S1974	Relative to home modifications for seniors	Accompanied a study order, see S2743	Similar To
S1975	Granting property tax relief to seniors	Accompanied a study order, see S2743	Similar To
S396	Relative to complex care needs for seniors	Accompanied a study order, see S2650	Similar To
S773	Preserving special needs trusts for disabled seniors	Accompanied H1274	Similar To
S888	Promoting access to affordable housing in the 21st century	Accompanied a study order, see H5276	Similar To
S905	Ensuring affordability in perpetuity	Accompanied a study order, see H5276	Similar To

Bill > S1808

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

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