Bill > S2421

This bill expands the exemption for residential property in the town of Wellfleet. It allows the town, with the approval of the Selectboard, to exempt up to 35% of the average assessed value of all class one residential parcels within the town. The exemption applies to the principal residence of the taxpayer or a residential parcel occupied by a resident of the town on a year-round basis. The bill also allows taxpayers who fail to receive the residential exemption to apply for it in writing to the Board of Assessors. The act will take effect on the first day of the fiscal year following its passage and apply to taxes levied for that fiscal year and thereafter.

Budget and Finance

https://malegislature.gov/Bills/193/S2421