Bill
Bill > S1506
MA S1506
Relative to the establishment of a means tested senior citizen property tax exemption
summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation relative to the establishment of a means tested senior citizen property tax exemption. Revenue.
AI Summary
This bill establishes a means-tested senior citizen property tax exemption in Massachusetts. It allows cities and towns to provide a property tax exemption to qualifying senior citizens, with the exemption amount being the total property tax less 10% of the senior's income and any circuit breaker tax credit they received the prior year. The exemption is subject to income and property value limits, and the total exemption amount is capped at 0.5-1% of the city or town's residential property tax levy. Seniors must apply for the exemption annually and the city or town must re-adopt the exemption every three years.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Accompanied a new draft, see H4001 (on 11/06/2017)
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/190/S1506 |
| Bill | https://malegislature.gov/Bills/190/S1506.pdf |
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