summary
Introduced
03/29/2021
03/29/2021
In Committee
07/26/2022
07/26/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation relative to senior property tax deferral. Revenue.
AI Summary
This bill amends the existing law to expand the senior property tax deferral program. Specifically, it allows seniors aged 65 or older, or those who own property jointly with a spouse aged 65 or older, to defer property taxes if their gross income does not exceed certain limits. The bill outlines the process for entering into a tax deferral and recovery agreement with the local assessors, including provisions for the lien on the property, interest rates, and payment by heirs upon the owner's passing. The bill applies to taxes assessed for fiscal years beginning on or after July 1, 2021.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 07/26/2022)
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/S1885 |
| Bill | https://malegislature.gov/Bills/192/S1885.pdf |
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