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Bill > H4984


MA H4984

MA H4984
Authorizing the town of Harvard to establish a cap on property taxes for means tested seniors


summary

Introduced
11/29/2018
In Committee
11/29/2018
Crossed Over
12/31/2018
Passed
Dead
Signed/Enacted/Adopted
01/09/2019

Introduced Session

190th General Court

Bill Summary

Authorizing the town of Harvard to establish a cap on property taxes for means tested seniors

AI Summary

This bill authorizes the town of Harvard to establish a cap on property taxes for means-tested seniors. It provides an exemption of up to 10 percent of total annual household income for qualifying residential properties owned and occupied by seniors who meet certain criteria, such as being age 65 or older, having resided in Harvard for at least 10 years, and having a maximum assessed property value below a specified threshold. The bill includes provisions for administering the program, setting an annual cap on the total exemption amount, and requiring voter approval for the town to accept and reaffirm the act.

Sponsors (0)

No sponsors listed

Last Action

Signed by the Governor, Chapter 412 of the Acts of 2018 (on 01/09/2019)

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