SECTION 1. Section 5 of chapter 59 of the General Laws, as appearing in the 2008 Official Edition, is hereby amended by adding the following paragraph:- Any real estate used as a long term care facility and owned by a Massachusetts entity, as defined in 105 CMR 151.020, in the Commonwealth shall be deemed exempt from the requirement to pay local real estate taxes if it: is licensed by the department of public health; is owned by a charitable organization that has been determined by the Internal Revenue Service to be exempt from taxation pursuant to 26 CFR 501 (c) 3; did not pay local real estate taxes prior to the year 2003; and provides room, board or care to elders at not more than the cost of delivering such room, board or care; or provides financial assistance to elders living in such long term care facility utilizing assets of the charitable organization.
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.