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
Relative to the classification of real property for purposes of taxation. Revenue.
AI Summary
This bill amends Section 38 of Chapter 59 of the General Laws to require assessors to consider any recorded restrictions on the use of a property when determining its fair cash valuation for tax purposes. The bill also classifies real property subject to taxation into four categories: residential, open, commercial, and industrial. The assessors will then apply the appropriate tax rate to the taxable valuation of each property class to determine the tax due.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Accompanied a study order, see H4244 (on 02/22/2018)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/190/H1570 |
Bill | https://malegislature.gov/Bills/190/H1570.pdf |
Loading...