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Bill > H2543


MA H2543

MA H2543
Relative to industrial zoned small business property tax exemption


summary

Introduced
01/20/2015
In Committee
01/20/2015
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

Relative to industrial zoned small business property tax exemptions. Revenue.

AI Summary

This bill amends Section 5I of Chapter 59 of the general laws, which deals with property tax exemptions, to include "industrial" properties alongside "commercial" properties in certain provisions. This means that small businesses located in industrial-zoned areas may now be eligible for property tax exemptions that were previously only available to those in commercial zones, potentially offering financial relief and encouraging business growth in industrial sectors.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Accompanied a new draft, see H4212 (on 04/14/2016)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/189/House/H2543 11/24/2016
State Bill Page https://malegislature.gov/Bills/189/H2543 03/12/2015
Bill https://malegislature.gov/Bills/189/H2543.pdf 03/12/2015
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