Bill > H2775

This bill proposes to impose a new property tax on corporations that own single-family households in Massachusetts. The tax rate would be $9 per $1,000 of the assessed property value, implemented over 3 years with a $3 per year increase. The revenue generated from this tax would be used to fund the tax program, Chapter 70 education funding, and to expand public transit capabilities.

Budget and Finance

https://malegislature.gov/Bills/193/H2775