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Bill > H3064


MA H3064

MA H3064
Establishing a property tax exemption for members of the National Guard


summary

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

Introduced Session

192nd General Court

Bill Summary

For legislation to establish a property tax exemption for members of the National Guard. Revenue.

AI Summary

This bill establishes a property tax exemption for members of the National Guard or National Guard reservists who were domiciled in Massachusetts for at least 6 months before entering service or for 5 consecutive years prior to claiming the exemption. The exemption applies to the full amount of the taxable valuation of the real property they occupy as their domicile for any period of active National Guard service outside the state, plus an additional 180 days. Three-quarters of the exemption amount will be borne by the Commonwealth, with the state treasurer annually reimbursing the city or town for that portion of the forgone tax revenue.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H5245 (on 09/22/2022)

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