Bill
Bill > H2908
MA H2908
Relative to stormwater management and climate change adaptation incentives
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 exemptions for certain stormwater management and climate change adaptations. Revenue.
AI Summary
This bill allows cities and towns in Massachusetts to offer a property tax exemption of up to 35% for residential and commercial parcels that satisfy certain ecological requirements, such as stormwater management, climate change adaptation, native-species habitat, and other environmental criteria specified by the state's Executive Office of Energy and Environmental Affairs. The bill also allows municipalities to collect a fee of up to 0.1% of the tax to verify that the parcels meet the requirements for the exemption. This provision is intended to incentivize property owners to implement measures that provide ecological services and help communities adapt to climate change.
Committee Categories
Budget and Finance
Sponsors (2)
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/H2908 |
| Bill | https://malegislature.gov/Bills/192/H2908.pdf |
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