MA H1493

Bill

To ensure fairness through the economic development tax increment financing program

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 the tax increment financing program. Revenue.

AI Summary

This bill amends the existing tax increment financing program in Massachusetts by removing the requirement that the ratio of the tax increment to the original assessed value of the property be at least 1. This change allows for more flexibility in the program's implementation, potentially enabling greater economic development opportunities.

Committee Categories

Budget and Finance

Sponsors (7)

Bruce Ayers (D), Brendan Crighton (D), Paul Heroux (D), Thomas McGee (D), Matt Muratore (R), José Tosado (D), Aaron Vega (D),

Last Action

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

Official Document

https://malegislature.gov/Bills/190/H1493

(23 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/H1493
Bill	https://malegislature.gov/Bills/190/H1493.pdf

Bill	Bill Name	Last Action	Type
H1485	Relative to adopting the new market tax credits program for Massachusetts	Accompanied a study order, see H4244	Similar To
H1499	Relative to deeds excise receipts	Accompanied a new draft, see H4000	Similar To
H15	Relative to tax returns	Accompanied a study order, see H4244	Similar To
H1605	Providing for a certain real property tax exemption	Accompanied a study order, see H4244	Similar To
H1606	Providing for prisoners of war	Accompanied a new draft, see H4215	Similar To
H1609	Relative to interest on abatements	Accompanied a study order, see H4244	Similar To
H1610	Relative to municipal option abatement for contaminated real property	Accompanied a study order, see H4244	Similar To
H1611	Relative to the corporate excise tax	Accompanied a study order, see H4244	Similar To
H1612	Relative to the refund of sales tax upon return of merchandise	Accompanied a study order, see H4244	Similar To
H3693	Relative to property tax exemptions for rental properties in the town of Lincoln deed restricted as affordable housing	Accompanied a new draft, see H4004	Similar To
H3702	Authorizing the town of Great Barrington to establish an additional excise on sales of gasoline and diesel fuel	Accompanied a new draft, see H3912	Similar To
H3707	Authorizing the town of Lee to establish an additional excise on sales of gasoline and diesel fuel	Accompanied a new draft, see H3912	Similar To
H3779	Implementing a home water filtration tax credit	Accompanied a study order, see H4244	Similar To
H3826	Relative to a report on additional tax reporting requirements	No further action taken	Similar To
H4114	For a law relative to reducing the burden of sales and use taxes and requiring a sales tax free weekend	No further action taken	Similar To
H4244	House study order	No further action taken	Replaced by
H4258	Authorizing the Town of Hopkinton to establish a means-tested senior citizen property tax exemption	Accompanied a new draft, see H4389	Similar To
H4978	Authorizing the town of Westford to establish a means tested senior citizen property tax exemption	Accompanied a new draft, see H4998	Similar To
S1605	Modernizing the corporate excise tax	Accompanied a study order, see S2497	Similar To
S1606	Enhancing the creative economy through the tax code	Accompanied a study order, see S2497	Similar To
S2135	Improving real property tax abatements, application deadlines, and deferrals	No further action taken	Similar To
S2160	Relative to clarifying property tax exemptions for solar and wind systems	New draft substituted, see S2364	Similar To
S2670	Creating senior tax relief in the town of Carver.	Signed by the Governor, Chapter 299 of the Acts of 2018	Similar To

Bill

Bill Name

Last Action

Type

H1485

Relative to adopting the new market tax credits program for Massachusetts

Accompanied a study order, see H4244

Similar To

H1499

Relative to deeds excise receipts

Accompanied a new draft, see H4000

Similar To

H15

Relative to tax returns

Accompanied a study order, see H4244

Similar To

H1605

Providing for a certain real property tax exemption

Accompanied a study order, see H4244

Similar To

H1606

Providing for prisoners of war

Accompanied a new draft, see H4215

Similar To

H1609

Relative to interest on abatements

Accompanied a study order, see H4244

Similar To

H1610

Relative to municipal option abatement for contaminated real property

Accompanied a study order, see H4244

Similar To

H1611

Relative to the corporate excise tax

Accompanied a study order, see H4244

Similar To

H1612

Relative to the refund of sales tax upon return of merchandise

Accompanied a study order, see H4244

Similar To

H3693

Relative to property tax exemptions for rental properties in the town of Lincoln deed restricted as affordable housing

Accompanied a new draft, see H4004

Similar To

H3702

Authorizing the town of Great Barrington to establish an additional excise on sales of gasoline and diesel fuel

Accompanied a new draft, see H3912

Similar To

H3707

Authorizing the town of Lee to establish an additional excise on sales of gasoline and diesel fuel

Accompanied a new draft, see H3912

Similar To

H3779

Implementing a home water filtration tax credit

Accompanied a study order, see H4244

Similar To

H3826

Relative to a report on additional tax reporting requirements

No further action taken

Similar To

H4114

For a law relative to reducing the burden of sales and use taxes and requiring a sales tax free weekend

No further action taken

Similar To

H4244

House study order

No further action taken

Replaced by

H4258

Authorizing the Town of Hopkinton to establish a means-tested senior citizen property tax exemption

Accompanied a new draft, see H4389

Similar To

H4978

Authorizing the town of Westford to establish a means tested senior citizen property tax exemption

Accompanied a new draft, see H4998

Similar To

S1605

Modernizing the corporate excise tax

Accompanied a study order, see S2497

Similar To

S1606

Enhancing the creative economy through the tax code

Accompanied a study order, see S2497

Similar To

S2135

Improving real property tax abatements, application deadlines, and deferrals

No further action taken

Similar To

S2160

Relative to clarifying property tax exemptions for solar and wind systems

New draft substituted, see S2364

Similar To

S2670

Creating senior tax relief in the town of Carver.

Signed by the Governor, Chapter 299 of the Acts of 2018

Similar To

Bill > H1493

MA H1493

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (7)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary