Bill > H2945

This bill establishes a senior property tax deferral pilot program in Massachusetts. The program will allow eligible homeowners aged 65 and older to defer their property taxes, with the deferred amount becoming a lien on the property that must be repaid upon sale or transfer of the property or the homeowner's death. The program will be limited to approximately 10,000 households in a representative set of municipalities across the state. The bill also provides $81.5 million in state funding over 11 years to cover the deferred taxes and administrative costs of the program. The program will terminate upon the enactment of a substantially similar statewide senior property tax deferral program, and participants in the pilot program will be automatically enrolled in the statewide program.

Budget and Finance

https://malegislature.gov/Bills/193/H2945