Clause Third of Section 5 of Chapter 59 of the General Laws, as appearing in the 2000 Official Edition, is hereby amended by adding the following paragraph:
(f) In any city or town which accepts the provisions of this paragraph, real estate owned by or held in trust for private schools of higher learning shall make a payment to each municipality in which the real estate owned by or held in trust by said private schools of higher learning is sited. The payment shall be in the amount equal to the sum of the property taxes which would otherwise have been payable by private schools of higher learning to municipalities. Nothing in this section shall preclude the municipality from entering into a host community agreement that provides for benefits to the municipality either monetary or non-monetary.
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.