Bill > S1379

This bill proposes to amend Section 5 of Chapter 59 of the General Laws, which deals with property taxes, by adding a new section that allows cities and towns to grant property tax relief to seniors. Specifically, upon acceptance by a city or town, the board of assessors, which is the local government body responsible for valuing property and determining tax amounts, would be authorized to provide a tax abatement, meaning a reduction or cancellation of property taxes, of up to 100% for residents who are at least 75 years old, provided they meet eligibility criteria set by the assessors.