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Bill > H1565


MA H1565

MA H1565
Relative to payments in lieu of taxation by organizations exempt from the property tax


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 payments in lieu of taxation by organizations exempt from the property tax. Revenue.

AI Summary

This bill would amend Massachusetts law to allow cities and towns to require organizations exempt from property taxes (such as charities and non-profits) to make payments in lieu of taxes equal to 25% of the property tax that would be owed if the property was not tax-exempt. The bill also allows cities and towns to adopt local ordinances or bylaws to provide for agreements with these organizations, including allowing exemptions from the payments or considering community benefits as a form of payment.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

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

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