summary
Introduced
05/31/2018
05/31/2018
In Committee
05/31/2018
05/31/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
For legislation to create senior tax relief in the Town of Carver. Revenue. [Local Approval Received.]
AI Summary
This bill creates a senior tax relief program in the Town of Carver. It allows the town to reduce the property taxes due on qualifying residential properties by $500, subject to a cap of 0.5% of the total residential property tax levy. To qualify, the property must be owned by a person 65 years of age or older, or a veteran 62 years of age or older, and meet certain income and residency requirements. The exemption needs to be applied for annually, and the program will automatically expire after 3 years unless reaffirmed by a majority vote of the town. The bill also specifies that any improvements to the property during the exemption period will be taxed at the current rate, rather than the reduced rate.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Accompanied a new draft, see S2619 (on 07/19/2018)
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/S2532 |
| Bill | https://malegislature.gov/Bills/190/S2532.pdf |
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