Bill
Bill > H3860
MA H3860
Increasing the exemption for residential property in the town of Provincetown
summary
Introduced
08/03/2017
08/03/2017
In Committee
08/03/2017
08/03/2017
Crossed Over
02/05/2018
02/05/2018
Passed
02/07/2018
02/07/2018
Dead
Signed/Enacted/Adopted
02/16/2018
02/16/2018
Introduced Session
190th General Court
Bill Summary
Increasing the exemption for residential property in the town of Provincetown
AI Summary
This bill increases the exemption for residential property in the town of Provincetown, Massachusetts. Specifically, it allows the town to exempt up to 35% of the average assessed value of all residential properties in the town, provided the property is the principal residence of the taxpayer or is occupied year-round by a Provincetown resident. The exemption is in addition to any other exemptions allowed under state law, but the taxable valuation of the property cannot be reduced below 10% of its full and fair cash value. The bill also establishes a process for taxpayers to apply for the residential exemption, which will be treated as a timely filing under state property tax law.
Sponsors (0)
No sponsors listed
Last Action
Signed by the Governor, Chapter 25 of the Acts of 2018 (on 02/16/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H3860 |
| Bill | https://malegislature.gov/Bills/190/H3860.pdf |
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