Bill

Bill > S1875


MA S1875

MA S1875
To reform payments in lieu of taxes for state-owned land


summary

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 reform payments in lieu of taxes for state-owned land. Revenue.

AI Summary

This bill aims to reform payments in lieu of taxes for state-owned land. The key provisions include striking out the term "reimbursement percentage" from section 16 of chapter 58 of the General Laws and amending section 17 of the same chapter to change the formula for determining the amount the state treasurer must reimburse towns where the commonwealth owns land. The new formula is based on the average of the annual tax rates for the three preceding years, and the amount can never be less than what was paid the prior year, except for land removed from the program.

Committee Categories

Budget and Finance

Sponsors (8)

Last Action

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

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