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Bill > H4661


MA H4661

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


summary

Introduced
06/27/2018
In Committee
06/27/2018
Crossed Over
09/24/2018
Passed
09/27/2018
Dead
Signed/Enacted/Adopted
10/05/2018

Introduced Session

190th General Court

Bill Summary

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

AI Summary

This bill authorizes the Town of Andover to establish a means-tested senior citizen property tax exemption. The exemption would apply to residential property owned and occupied by individuals aged 65 or older who have received the state's circuit breaker income tax credit in the previous year and meet certain other eligibility criteria, such as being a long-term Andover resident. The amount of the exemption would be set annually by the Board of Selectmen, with a minimum of 50% and a maximum of 100% matching the state circuit breaker credit. The total exemption amount would be allocated proportionally within the residential tax levy. The exemption would be in effect for 3 years initially, with the possibility of reauthorization by the town's legislative body.

Sponsors (0)

No sponsors listed

Last Action

Signed by the Governor, Chapter 258 of the Acts of 2018 (on 10/05/2018)

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