summary
Introduced
01/20/2015
01/20/2015
In Committee
01/20/2015
01/20/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
Relative to making assisted living programs eligible for tax increment financing and allowing municipalities to provide flexible targeted incentives. Revenue.
AI Summary
This bill makes assisted living programs eligible for Tax Increment Financing (TIF), a program that allows municipalities to offer financial incentives, such as tax breaks, to encourage development that creates jobs. This change is being made through the Economic Assistance Coordinating Council, which will oversee the process and allow cities and towns to provide flexible, targeted incentives to support the growth of assisted living facilities.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H4639 (on 09/26/2016)
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/189/House/H2523 |
| State Bill Page | https://malegislature.gov/Bills/189/H2523 |
| Bill | https://malegislature.gov/Bills/189/H2523.pdf |
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