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Bill > H4258


MA H4258

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


summary

Introduced
02/28/2018
In Committee
02/28/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

That the town of Hopkinton be authorized to establish a means-tested senior citizen property tax exemption in said town. Revenue. [Local Approval Received.]

AI Summary

This bill authorizes the Town of Hopkinton to establish a means-tested senior citizen property tax exemption. The exemption would be applied to the domicile of qualifying taxpayers aged 65 or older who meet certain income and asset criteria, including a requirement that the property's assessed value does not exceed a specified limit. The Board of Selectmen would annually set the exemption amount within a defined range, and the total exemption amount would be allocated proportionally within the residential tax levy. The exemption would be in addition to any other exemptions allowed under state law and would be subject to a 3-year expiration period.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Accompanied a new draft, see H4389 (on 04/09/2018)

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