Bill > H3186

This bill ensures that cities and towns receive consistent Payments In Lieu of Taxes (PILOT) funding from the state, specifically guaranteeing that if the measurable acreage of state-owned land in a municipality remains the same or increases from the previous fiscal year, the total reimbursement amount will not be less than the previous year's payment. The bill amends multiple sections of Massachusetts state law (chapters 58 and 218) to establish this protection, which means that even if calculation methods or percentages change, municipalities will not see a reduction in their PILOT payments as long as their state-owned land acreage has not decreased. PILOT payments are financial compensation made by state governments to local municipalities to reimburse them for tax-exempt property owned by the state, helping to offset the potential loss of local tax revenue from these properties. By ensuring a minimum reimbursement level, the bill provides financial predictability and stability for local governments that host state-owned lands.

Budget and Finance

https://malegislature.gov/Bills/194/H3186