summary
Introduced
04/22/2024
04/22/2024
In Committee
04/22/2024
04/22/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
That the town of Belmont be authorized to update the tax treatment of recreational lands in said town. Revenue. [Local Approval Received.]
AI Summary
This bill authorizes the town of Belmont to update the tax treatment of recreational lands in the town. It exempts Belmont from sections of Chapter 61B of the General Laws that pertain to the valuation, assessment, and taxation of recreational land after July 1, 2024. This means that landowners will no longer be able to apply for eligibility to have their recreational land taxed at the lower rate under Chapter 61B. However, the other provisions of Chapter 61B, such as those related to changes in use, taxation upon conveyance, and roll-back taxes, will still apply to land previously assessed or taxed as recreational land in Belmont.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a study order, see H5045 (on 09/12/2024)
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/H4575 |
| BillText | https://malegislature.gov/Bills/193/H4575.pdf |
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