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Bill > H3090


MA H3090

MA H3090
Relative to senior property tax deferral


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to property tax deferrals for certain senior citizens. Revenue.

AI Summary

This bill amends the existing law to allow certain senior citizens to defer their property taxes. The key provisions are: 1. Seniors aged 65 or older who meet certain income requirements can apply for a property tax deferral, provided they enter into a tax deferral and recovery agreement with the local board of assessors. 2. The deferred taxes, plus interest, must be repaid when the property is sold or transferred, or upon the death of the owner, with some exceptions for surviving spouses. 3. The deferred taxes become a lien on the property, which is recorded in the registry of deeds, and the city or town can use the same enforcement mechanisms as for unpaid taxes. 4. The bill applies to property taxes assessed for fiscal years beginning on or after July 1, 2021.

Committee Categories

Budget and Finance

Sponsors (12)

Last Action

Accompanied a study order, see H5352 (on 10/13/2022)

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