Bill
Bill > S1561
MA S1561
Relative to Stormwater Management and Climate Change Adaptation Incentives
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 to authorize municipalities to grant property tax exemption for habitat and urban forest. Revenue.
AI Summary
This bill would authorize municipalities in Massachusetts to grant property tax exemptions of up to 35% of the average assessed value for residential and commercial properties that meet certain criteria for stormwater management, climate change adaptation, native-species habitat, vegetated permeable surfaces, water quality, soil health, and tree cover, as specified by the Executive Office of Energy and Environmental Affairs. The exemption would be in addition to any other exemptions allowed under existing law, but the property's taxable valuation after all exemptions could not be reduced below 10% of its full and fair cash value, except through a specific exemption. Taxpayers could apply for the ecological exemption by the deadline for regular property tax exemption applications.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see S2497 (on 04/30/2018)
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/S1561 |
| Bill | https://malegislature.gov/Bills/190/S1561.pdf |
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