summary
Introduced
03/29/2021
03/29/2021
In Committee
04/07/2022
04/07/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to payments in lieu of taxes for state-owned land. Revenue.
AI Summary
This bill aims to reform the payments in lieu of taxes (PILOT) for state-owned land. It removes the term "reimbursement percentage" from the relevant law and modifies Section 17 of Chapter 58 of the General Laws to change how the treasurer calculates the amount to be reimbursed to towns where the Commonwealth owns land. The new calculation will be based on the average of the annual tax rates for the three preceding years, and the amount will never be less than what was paid in the prior year, except for the value of land removed from the program.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
No further action taken (on 01/03/2023)
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/H2831 |
| Bill | https://malegislature.gov/Bills/192/H2831.pdf |
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