summary
Introduced
03/29/2021
03/29/2021
In Committee
03/10/2022
03/10/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to authorize a local affordable housing surcharge. Revenue.
AI Summary
This bill authorizes cities and towns in Massachusetts to impose a local affordable housing surcharge of up to 2% of the real estate tax levy on real property, subject to approval by a two-thirds vote of the local appropriating authority and acceptance by voters. The surcharge revenue must be deposited into an affordable housing trust. The bill also provides for various exemptions from the surcharge, such as for low-income or senior housing, and allows cities and towns to revoke or amend the surcharge rate up to once per year.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 03/10/2022)
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/192/S1804 |
| Bill | https://malegislature.gov/Bills/192/S1804.pdf |
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