Bill > S2074

This bill proposes an amendment to Section 44 of chapter 85 of the acts of 1994, specifically addressing taxation of historic properties. The key provision introduces an exemption that prevents historic properties designated under this section from being subject to standard property taxation as outlined in chapter 59 of the Massachusetts General Laws. By creating this tax exemption, the bill aims to provide financial relief and potentially incentivize the preservation of historic properties. The legislation appears to be part of a broader curatorship program designed to support and maintain historically significant real estate, offering property owners a monetary benefit in exchange for maintaining the historical integrity of their buildings.

Budget and Finance

https://malegislature.gov/Bills/194/S2074