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Bill > H2918


MA H2918

Repealing the property tax exemption for Massport lessees


summary

Introduced
03/29/2021
In Committee
04/07/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to repealing property tax exemptions for certain lessees of Massachusetts Port Authority property. Revenue.

AI Summary

This bill repeals the property tax exemption for certain lessees of Massachusetts Port Authority (Massport) property. Under the current law, real property owned by Massport and leased to a for-profit business is exempt from local property taxes. This bill removes that exemption, allowing the municipality where the property is located to assess and collect property taxes from the lessee, even if the property is owned by Massport. The bill also authorizes Massport to enter into agreements with the Boston Redevelopment Authority to make annual payments in lieu of taxes for Massport-owned property used as part of the trade and transportation center.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

No further action taken (on 01/03/2023)

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