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Bill > S2368


MA S2368

MA S2368
Relative to property tax deferral for seniors in the city of Taunton


summary

Introduced
03/13/2023
In Committee
11/06/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation relative to property tax deferral for seniors in the city of Taunton. Revenue. [Local approval received]

AI Summary

This bill allows the city of Taunton to defer the real estate property tax payments for residents aged 60 or older who meet certain income requirements and have owned and occupied the property for at least 5 years. It sets up a tax deferral and recovery agreement between the property owner and the city's board of assessors, which will place a lien on the property to recoup the deferred taxes plus interest upon the sale of the property or the owner's death. The bill also outlines the procedures for handling the lien and recovering the deferred taxes.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

New draft (Pacheco) substituted, see S2517 (on 12/04/2023)

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/193/S2368
BillText https://malegislature.gov/Bills/193/S2368.pdf
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