Bill

Bill > H2758


MA H2758

MA H2758
Expanding the senior property tax exemption


summary

Introduced
02/16/2023
In Committee
08/08/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

Relative to expanding the senior property tax exemption. Revenue.

AI Summary

This bill expands the senior property tax exemption in Massachusetts. Specifically, it allows cities and towns to reduce the eligibility age for the exemption to 65 years or older, and to increase the exemption amount by up to 100%, or increase the $500 exemption to up to $2,000. This provides more flexibility for local governments to adjust the senior property tax exemption to better suit the needs of their older residents.

Committee Categories

Budget and Finance

Sponsors (8)

Last Action

No further action taken (on 12/31/2024)

Taxonomy

Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform
Social Welfare
  • ‐ Services for the Elderly and Senior Citizens

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/193/H2758 03/14/2023
BillText https://malegislature.gov/Bills/193/H2758.pdf 03/14/2023
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