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Bill > S2286


MA S2286

MA S2286
To provide property tax exemptions for certain nonprofit senior housing in Boxford


summary

Introduced
02/05/2018
In Committee
07/02/2018
Crossed Over
08/16/2018
Passed
08/20/2018
Dead
Signed/Enacted/Adopted
08/30/2018

Introduced Session

190th General Court

Bill Summary

For legislation to provide property tax exemptions for certain nonprofit senior housing in Boxford,- reports the accompanying bill (Senate, No. 2286).

AI Summary

This bill provides property tax exemptions for certain nonprofit senior housing in Boxford, Massachusetts. The key provisions are that any portion of the real property owned by a nonprofit corporation and operated for the purpose of providing elderly housing that is occupied by an elderly resident pursuant to a proprietary lease as their domicile will be deemed to be real property owned and occupied by the resident. These units will be eligible for any exemption provided under the Community Preservation Act and the property tax exemption for the elderly, as long as the unit and resident meet the requirements. The reduction in taxes realized from these exemptions must be credited by the nonprofit corporation against the rent or other charges due by the eligible resident.

Sponsors (0)

No sponsors listed

Last Action

Signed by the Governor, Chapter 238 of the Acts of 2018 (on 08/30/2018)

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