Bill > H2906

This bill proposes to amend Section 5 of Chapter 59 of the General Laws to increase the property tax exemption for the elderly. Specifically, the bill would raise the income eligibility thresholds for the exemption from $20,000 to $30,000, from $30,000 to $40,000, from $40,000 to $50,000, and from $55,000 to $65,000. This would make the property tax exemption available to more elderly residents in Massachusetts.