Bill
Bill > H3734
MA H3734
MA H3734Authorizing the town of Harvard to establish a cap on property taxes for means tested senior citizens
summary
Introduced
05/06/2021
05/06/2021
In Committee
03/10/2022
03/10/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to authorizing the town of Harvard to establish a cap on property taxes for means tested senior citizens. Revenue. [Local Approval Received.]
AI Summary
This bill authorizes the town of Harvard to establish a cap on property taxes for means-tested senior citizens. Specifically, it allows for a property tax cap equal to 10% of a qualified taxpayer's total annual household income, or a different percentage as determined under the bill. The exemption applies only to the taxpayer's domicile and is in addition to any other exemptions allowed under state law, though the total property tax reduction cannot exceed 50%. The bill takes effect upon passage.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Amendment #1 (Garlick) adopted (on 07/12/2022)
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/H3734 |
| Bill | https://malegislature.gov/Bills/192/H3734.pdf |
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