Bill
Bill > H4755
MA H4755
Authorizing the town of Upton to establish a means tested senior citizen property tax exemption
summary
Introduced
05/05/2022
05/05/2022
In Committee
06/15/2022
06/15/2022
Crossed Over
12/22/2022
12/22/2022
Passed
12/27/2022
12/27/2022
Dead
Signed/Enacted/Adopted
12/29/2022
12/29/2022
Introduced Session
192nd General Court
Bill Summary
That the town of Upton be authorized to establish a means tested senior citizen property tax exemption in said town. Revenue. [Local Approval Received.]
AI Summary
This bill authorizes the town of Upton 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 would make them eligible for the state's circuit breaker income tax credit. The exemption amount is set annually by the town's board of assessors and is equal to the circuit breaker tax credit. Applicants must have been domiciled and owned a home in Upton for at least 10 consecutive years. The exemption is subject to approval by the board of assessors and will be borne by all taxpayers through the town's overlay account. The exemption expires 3 years after the effective date of the act.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Signed by the Governor, Chapter 333 of the Acts of 2022 (on 12/29/2022)
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/H4755 |
| Bill | https://malegislature.gov/Bills/192/H4755.pdf |
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