Bill > H2534

This bill, titled "Relative to the property tax deferral program," proposes a minor amendment to existing Massachusetts General Laws, specifically Chapter 59, Section 5, Clause forty-first A, which deals with property tax deferral programs. The key provision of this bill is to change the age requirement for eligibility in this program from "sixty-five" to "sixty." A property tax deferral program allows eligible homeowners, typically seniors or those with disabilities, to postpone paying their property taxes, with the deferred amount becoming a lien on the property that is repaid when the property is sold or the owner passes away. By lowering the age from 65 to 60, this bill aims to make the property tax deferral program accessible to a younger group of individuals who may still face financial challenges in affording their property taxes.