Bill > H2882

This bill amends Section 38D of Chapter 59 of the Massachusetts General Laws, which relates to the determination of the actual fair cash valuation of commercial and revenue property. The key provisions include: (1) requiring owners or lessees of real property to provide written information under oath within 60 days of a request by the board of assessors, failure of which can result in dismissal of an appeal at the Appellate Tax Board; (2) imposing penalties of $50 for single-family dwellings and $250 for other residential real estate if owners of Class 1 residential property fail to submit the required information; and (3) imposing a $250 penalty if owners or lessees of Class 3 commercial or Class 4 industrial property fail to submit the required information, but only if the board of assessors informed them that failure to do so would result in the penalty.

Budget and Finance

https://malegislature.gov/Bills/192/H2882