MA H5339

Bill

MA H5339

Relative to property tax classifications in the city of Watertown

Introduced
10/03/2022

In Committee
11/21/2022

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to property tax classifications in the city of Watertown. Revenue. [Local Approval Received.]

AI Summary

This bill allows the Commissioner of Revenue to further adjust the minimum residential factor for the city of Watertown for fiscal years 2023, 2024, and 2025, if the adoption of such a factor would otherwise be limited by the percentage limitation contained in state law. The new minimum residential factor would be set at 50% for each of those fiscal years, subject to an upward adjustment to ensure that the percentage of the total tax levy imposed on any class of real or personal property does not exceed 175% of the full and fair cash valuation of the taxable real and personal property in the city of Watertown.

Committee Categories

Budget and Finance

Sponsors (3)

Steve Owens (D)*, Will Brownsberger (D), John Lawn (D),

Last Action

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

Official Document

https://malegislature.gov/Bills/192/H5339

(3 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/H5339
Bill	https://malegislature.gov/Bills/192/H5339.pdf

Bill	Bill Name	Last Action	Type
H5009	Authorizing the city of Watertown to adopt an affordable housing linkage fee	Amended by substitution of a bill with the same title, see H5383	Similar To
H5100	Authorizing the city of Watertown to acquire property in the city of Waltham	Signed by the Governor, Chapter 220 of the Acts of 2022	Similar To
H5383	Authorizing the city of Watertown to adopt an affordable housing linkage fee	Signed by the Governor, Chapter 302 of the Acts of 2022	Similar To

Bill > H5339

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (3)

Last Action

Official Document

bill text

bill summary

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