Bill
Bill > H3826
MA H3826
MA H3826Authorizing the town of Holliston to establish a means-tested senior citizen property tax exemption
summary
Introduced
05/04/2023
05/04/2023
In Committee
11/06/2023
11/06/2023
Crossed Over
05/09/2024
05/09/2024
Passed
05/16/2024
05/16/2024
Dead
Signed/Enacted/Adopted
05/23/2024
05/23/2024
Introduced Session
193rd General Court
Bill Summary
That the town of Holliston be authorized to establish a means-tested senior citizen property tax exemption in said town. Revenue. [Local Approval Received.]
AI Summary
This bill authorizes the town of Holliston to establish a means-tested senior citizen property tax exemption. The exemption would apply to residential properties owned and occupied by individuals aged 65 or older whose prior year's income makes them eligible for the "circuit breaker" income tax credit. The Select Board of Holliston would annually set the exemption amount, which must be between 50 and 200 percent of the circuit breaker credit. The total exemption amount would be allocated proportionally within the residential tax levy. The exemption would expire after 3 years unless reauthorized by the town's legislative body.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Signed by the Governor, Chapter 100 of the Acts of 2024 (on 05/23/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/193/H3826 |
| BillText | https://malegislature.gov/Bills/193/H3826.pdf |
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