MA H3068

Bill

MA H3068

Relative to the small commercial tax exemption

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 the amount and valuation for eligibility for a tax exemption on commercial property. Revenue.

AI Summary

This bill amends Section 5I of Chapter 59 of the Massachusetts General Laws to increase the tax exemption for small commercial properties. Specifically, it increases the maximum exemption from 10% to 20% of the property's value, and raises the valuation threshold for eligibility from $1 million to an amount up to $4 million, as determined by the local legislative body. The changes are intended to provide greater tax relief for small businesses occupying commercial properties in the state.

Committee Categories

Budget and Finance

Sponsors (10)

Mike Soter (R)*, Ryan Fattman (R), Susan Gifford (R), Joe McKenna (R), Dave Muradian (R), Matt Muratore (R), Dave Robertson (D), Adam Scanlon (D), Alyson Sullivan (R), Timothy Whelan (R),

Last Action

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

Official Document

https://malegislature.gov/Bills/192/H3068

(16 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/H3068
Bill	https://malegislature.gov/Bills/192/H3068.pdf

Bill	Bill Name	Last Action	Type
H2845	Relative to tax exemptions for home office expenses	Accompanied a study order, see H5043	Similar To
H2859	Creating a protective facial covering sales tax exemption	Accompanied a study order, see H5043	Similar To
H2945	Relative to the tax exemption status of municipal employee pensions	Accompanied a study order, see H5043	Similar To
H2983	Extending a property tax exemption to the surviving spouse of blind persons	Accompanied a study order, see H5250	Similar To
H3731	To make permanent a senior means tested property tax exemption in Concord	Signed by the Governor, Chapter 193 of the Acts of 2022	Similar To
H3766	Authorizing the city of Melrose to establish a means tested senior citizen property tax exemption	Signed by the Governor, Chapter 100 of the Acts of 2022	Similar To
H3767	Authorizing the city of Melrose to regulate certain property tax exemption eligibility requirements for the elderly	Signed by the Governor, Chapter 390 of the Acts of 2022	Similar To
H3901	Authorizing the town of Mendon to establish a means-tested senior citizen property tax exemption	Signed by the Governor, Chapter 241 of the Acts of 2022	Similar To
H3989	To give the town of Leicester authority to grant full annual property tax exemptions to the surviving spouse of Rutland Police Detective and Leicester resident John D. Songy	Signed by the Governor, Chapter 225 of the Acts of 2022	Similar To
H4107	Authorizing the town of Lincoln to establish a means tested senior citizen property tax exemption program	Read second and ordered to a third reading	Similar To
H5245	Study Order	No further action taken	Replaced by
S1362	Providing a tax exemption for certain qualifying real estate in the town of Hamilton	Signed by the Governor, Chapter 112 of the Acts of 2021	Similar To
S1843	Relative to growing the creative economy	Accompanied a study order, see H5247	Similar To
S1854	Exempting residential security systems from sales tax	Accompanied a study order, see H5245	Similar To
S1916	Authorizing the establishment of a mean tested senior citizen property tax exemption	Accompanied H2915	Similar To
S2512	Authorizing the town of Andover to establish a means tested senior citizen property tax exemption	Signed by the Governor, Chapter 210 of the Acts of 2022	Similar To

Bill

Bill Name

Last Action

Type

H2845

Relative to tax exemptions for home office expenses

Accompanied a study order, see H5043

Similar To

H2859

Creating a protective facial covering sales tax exemption

Accompanied a study order, see H5043

Similar To

H2945

Relative to the tax exemption status of municipal employee pensions

Accompanied a study order, see H5043

Similar To

H2983

Extending a property tax exemption to the surviving spouse of blind persons

Accompanied a study order, see H5250

Similar To

H3731

To make permanent a senior means tested property tax exemption in Concord

Signed by the Governor, Chapter 193 of the Acts of 2022

Similar To

H3766

Authorizing the city of Melrose to establish a means tested senior citizen property tax exemption

Signed by the Governor, Chapter 100 of the Acts of 2022

Similar To

H3767

Authorizing the city of Melrose to regulate certain property tax exemption eligibility requirements for the elderly

Signed by the Governor, Chapter 390 of the Acts of 2022

Similar To

H3901

Authorizing the town of Mendon to establish a means-tested senior citizen property tax exemption

Signed by the Governor, Chapter 241 of the Acts of 2022

Similar To

H3989

To give the town of Leicester authority to grant full annual property tax exemptions to the surviving spouse of Rutland Police Detective and Leicester resident John D. Songy

Signed by the Governor, Chapter 225 of the Acts of 2022

Similar To

H4107

Authorizing the town of Lincoln to establish a means tested senior citizen property tax exemption program

Read second and ordered to a third reading

Similar To

H5245

Study Order

No further action taken

Replaced by

S1362

Providing a tax exemption for certain qualifying real estate in the town of Hamilton

Signed by the Governor, Chapter 112 of the Acts of 2021

Similar To

S1843

Relative to growing the creative economy

Accompanied a study order, see H5247

Similar To

S1854

Exempting residential security systems from sales tax

Accompanied a study order, see H5245

Similar To

S1916

Authorizing the establishment of a mean tested senior citizen property tax exemption

Accompanied H2915

Similar To

S2512

Authorizing the town of Andover to establish a means tested senior citizen property tax exemption

Signed by the Governor, Chapter 210 of the Acts of 2022

Similar To

Bill > H3068

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (10)

Last Action

Official Document

bill text

bill summary

bill summary

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