summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to payments in lieu of tax settlements for certain out of state educational entities. Revenue.
AI Summary
This bill amends Chapter 30B of the General Laws to require out-of-state educational entities with property use in Massachusetts to meet with local land use authorities to negotiate a Payment In Lieu Of Tax (PILOT) settlement. The PILOT settlement refers to a voluntary payment made by a tax-exempt entity, such as a nonprofit organization, to a local government in lieu of paying property taxes. This legislation aims to establish a framework for these out-of-state educational entities to contribute financially to the municipalities where they operate, even though they may be exempt from paying full property taxes.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H5043 (on 08/29/2022)
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/H2944 |
| Bill | https://malegislature.gov/Bills/192/H2944.pdf |
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