Bill > H3254

This bill modifies the existing senior property tax exemption law in Massachusetts by expanding local governments' ability to increase tax exemptions for seniors. Specifically, the bill allows cities and towns to raise the existing $500 property tax exemption for seniors up to $2,000, in addition to the current provisions that already permit municipalities to reduce the eligibility age to 65 or older and increase existing exemption amounts by up to 100%. The change must be approved through a vote by the city council and mayor or by a town meeting, maintaining local control over the tax exemption. This amendment provides municipalities with greater flexibility to support elderly residents by potentially offering more substantial property tax relief, which could help seniors on fixed incomes manage their housing costs more effectively.

Budget and Finance

https://malegislature.gov/Bills/194/H3254