Bill > H2770

This bill aims to ease the tax burden on older adults, people with disabilities, and their caregivers. The key provisions include: 1. Establishing a property tax exemption for eligible seniors (aged 65+) based on their income and property value, with a cap on the total exemption amount. 2. Requiring the Executive Office of Health and Human Services and the Massachusetts Rehabilitation Commission to publicly promote the disability employment tax credit. 3. Increasing various tax deduction and credit amounts, such as raising the dependent deduction, the head of household filing status deduction, and the senior "circuit breaker" tax credit. 4. Creating a new refundable Family Caregiver Tax Credit of up to $1,500 for eligible expenses incurred by family members caring for a dependent relative. The bill aims to provide tax relief and support for older adults, people with disabilities, and their caregivers in the state.

Budget and Finance

https://malegislature.gov/Bills/193/H2770