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
For legislation to create a local option property tax cap for low-income persons sixty-five years of age or older. Revenue.
AI Summary
This bill creates a local option property tax cap for low-income seniors in Massachusetts. The bill allows cities and towns to impose a cap on property taxes for homeowners aged 65 or older who meet certain income and asset requirements, such as having a single income of $50,000 or less, a married income of $60,000 or less, and assets of $75,000 or less (excluding the primary residence and one motor vehicle). The assessments and tax rate changes for these qualified properties will be recalculated annually, and the lesser of the calculations will prevail as the property tax levy for that year.
Committee Categories
Budget and Finance
Sponsors (4)
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/H3332 |
Bill | https://malegislature.gov/Bills/190/H3332.pdf |
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