Bill
Bill > H4978
MA H4978
Authorizing the town of Westford to establish a means tested senior citizen property tax exemption
summary
Introduced
11/21/2018
11/21/2018
In Committee
11/21/2018
11/21/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
That the town of Westford 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 Westford to establish a means-tested property tax exemption for senior citizens. The exemption would reduce the property tax owed by eligible seniors, with the amount of the exemption based on the applicant's income and assets. Eligibility criteria include being 65 or older, having a household income below a certain threshold, and meeting residency and home value requirements. The total value of the exemptions granted is capped at 0.25% of the town's residential property tax levy. The bill must be accepted by a majority vote of Westford's residents and can be revoked in the same manner. The exemption would expire after 3 years of implementation unless renewed.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a new draft, see H4998 (on 12/17/2018)
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/H4978 |
| Bill | https://malegislature.gov/Bills/190/H4978.pdf |
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