HOUSE DOCKET, NO. 785 FILED ON: 1/13/2009
HOUSE . . . . . . . . . . . . . . . No. 2888
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The Commonwealth of Massachusetts
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In the Year Two Thousand Nine
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An Act reimbursing cities and towns for non-profit tax exemptions ..
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Section 1. The Third clause of section 5 of chapter 59 of the General Laws, as appearing in the 2006 Official Edition, is hereby amended by adding the following paragraph:-
The commonwealth shall annually appropriate the amount necessary to fully reimburse cities and towns in which charitable property makes up to 4 per cent or more of the total per cent of town area for taxes exempted because of ownership by non-profit corporations. Subject to appropriation, the commissioner of revenue shall distribute to each city and town the full amount of taxes that would otherwise have been paid.