Bill
Bill > H4998
MA H4998
Authorizing the town of Westford to establish a means tested senior citizen property tax exemption
summary
Introduced
12/17/2018
12/17/2018
In Committee
12/17/2018
12/17/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
Authorizing the town of Westford to establish a means tested senior citizen property tax exemption
AI Summary
This bill authorizes the town of Westford to establish a means-tested property tax exemption for senior citizens. The exemption would be available to homeowners aged 65 or older with incomes below a certain threshold and whose home values do not exceed specified limits. The exemption amount is calculated based on the applicant's income, any existing state tax credits, and other statutory exemptions, with a cap of 50% on the total property tax reduction. The town must accept the act through a local election, and the exemption will expire after 3 years unless renewed.
Sponsors (0)
No sponsors listed
Last Action
Read second and ordered to a third reading (on 12/20/2018)
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/H4998 |
| Bill | https://malegislature.gov/Bills/190/H4998.pdf |
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