Bill > S1623

This bill aims to limit Proposition 2 1/2 override elections and allow an "underride" in all communities in Massachusetts. The key provisions are: 1. Allowing a majority of the local appropriating authority or a petition of 5% of registered voters to place a question on the ballot at a biennial state election to reduce the amount of real estate and personal property taxes to be assessed. 2. Limiting the number of override questions that can be placed on the ballot at a biennial state election to no more than 3. 3. Allowing the local appropriating authority to seek voter approval to assess taxes in excess of the amount allowed under Proposition 2 1/2 by a specified amount, with the question to be placed on the biennial state ballot. The bill seeks to provide more flexibility and control for local communities regarding property tax assessments and overrides under the state's Proposition 2 1/2 law.

Budget and Finance

https://malegislature.gov/Bills/190/S1623