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 providing reimbursements to towns for nonprofits exempt from property taxes. Revenue.
AI Summary
This bill aims to provide reimbursements to municipalities for properties owned by nonprofits that are exempt from property taxes. Specifically, the bill requires the state commissioner to annually report the value of land owned by nonprofits for certain purposes in each town, and the state treasurer to then reimburse each town an amount in lieu of taxes based on the reported land values and the tax rate under the state's corporate excise tax law.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a study order, see H4244 (on 02/22/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://malegislature.gov/Bills/190/H1639 |
Bill | https://malegislature.gov/Bills/190/H1639.pdf |
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