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Bill > H1525


MA H1525

Repealing the property tax exemption for Massport lessees


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

Relative to repealing property tax exemptions for certain lessees of Massachusetts Port Authority property. Revenue.

AI Summary

This bill repeals the property tax exemption for certain lessees of Massachusetts Port Authority (Massport) property. The bill amends the existing law to state that real property of the Massport authority, if leased, used, or occupied in connection with a business conducted for profit, shall be valued, classified, assessed, and taxed annually to the lessee, user, or occupant as if they were the owner. The bill also authorizes the Massport authority to enter into agreements with the Boston Redevelopment Authority to make annual payments in lieu of taxes for Massport-owned property that is part of the trade and transportation center.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see H4244 (on 02/22/2018)

bill text


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