Bill
Bill > H3766
MA H3766
Authorizing the city of Melrose to establish a means tested senior citizen property tax exemption
summary
Introduced
05/10/2021
05/10/2021
In Committee
03/10/2022
03/10/2022
Crossed Over
06/27/2022
06/27/2022
Passed
06/29/2022
06/29/2022
Dead
Signed/Enacted/Adopted
07/06/2022
07/06/2022
Introduced Session
192nd General Court
Bill Summary
That the city of Melrose be authorized to establish a means tested senior citizen property tax exemption. Revenue. [Local Approval Received.]
AI Summary
This bill authorizes the city of Melrose to establish a means-tested senior citizen property tax exemption. The exemption applies to residential properties owned and occupied by individuals aged 65 or older whose prior year's income makes them eligible for the state's "circuit breaker" income tax credit. The exemption amount is 150% of the circuit breaker credit, and the total exemption amount is allocated proportionally within the residential tax levy. Applicants must meet several criteria, including having been a Melrose resident for at least 10 years, and the exemption is subject to approval by the city's board of assessors. The bill also requires the Department of Revenue to certify the residential tax rate for the applicable tax year, and the exemption is repealed after 3 years of implementation.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Signed by the Governor, Chapter 100 of the Acts of 2022 (on 07/06/2022)
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/H3766 |
| Bill | https://malegislature.gov/Bills/192/H3766.pdf |
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