Bill
Bill > H3767
MA H3767
Authorizing the city of Melrose to regulate certain property tax exemption eligibility requirements for the elderly
summary
Introduced
05/10/2021
05/10/2021
In Committee
12/19/2022
12/19/2022
Crossed Over
12/15/2022
12/15/2022
Passed
12/29/2022
12/29/2022
Dead
Signed/Enacted/Adopted
01/05/2023
01/05/2023
Introduced Session
192nd General Court
Bill Summary
That the city of Melrose be authorized to regulate certain property tax exemption eligibility requirements for the elderly in said city. Revenue. [Local Approval Received.]
AI Summary
This bill authorizes the city of Melrose to regulate certain property tax exemption eligibility requirements for the elderly. It allows the city's board of assessors to defer real estate property tax payments for individuals aged 60 or older who own and occupy the property as their domicile, provided their combined income does not exceed a certain amount. The bill also outlines the process for applying for the exemption, including the creation of a tax deferral and recovery agreement between the property owner and the board of assessors. The agreement includes provisions regarding the sale or transfer of the property, payment of deferred taxes by heirs, and the recording of a lien on the property. Additionally, the bill specifies the interest rates and other procedures related to the deferred taxes.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Signed by the Governor, Chapter 390 of the Acts of 2022 (on 01/05/2023)
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/H3767 |
| Bill | https://malegislature.gov/Bills/192/H3767.pdf |
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