Bill

Bill > H3024


MA H3024

MA H3024
Relative to a certain property tax exemption for the elderly


summary

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

Introduced Session

192nd General Court

Bill Summary

Relative to a certain property tax exemption for the elderly. Revenue.

AI Summary

This bill amends Section 5 of Chapter 59 of the Massachusetts General Laws to increase the property tax exemption thresholds for elderly individuals. Specifically, it raises the exemption amounts from $20,000 to $30,000, from $30,000 to $40,000, from $40,000 to $50,000, and from $55,000 to $65,000. This change is intended to provide additional tax relief for elderly property owners in the state.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

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

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...