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
In Committee
12/17/2018
Crossed Over
Passed
Dead
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)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...