HOUSE DOCKET, NO. 793 FILED ON: 1/14/2015
HOUSE . . . . . . . . . . . . . . . No. 2498
|
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
John V. Fernandes
_________________
To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
An Act freezing real property tax payments by elderly home-owners.
_______________
PETITION OF:
Name: | District/Address: | Date Added: |
John V. Fernandes | 10th Worcester | 1/14/2015 |
Paul McMurtry | 11th Norfolk | 11/15/2019 |
Jeffrey N. Roy | 10th Norfolk | 11/15/2019 |
James Arciero | 2nd Middlesex | 11/15/2019 |
HOUSE DOCKET, NO. 793 FILED ON: 1/14/2015
HOUSE . . . . . . . . . . . . . . . No. 2498
By Mr. Fernandes of Milford, a petition (accompanied by bill, House, No. 2498) of John V. Fernandes and others for legislation to prohibit increases in real property tax payments by elderly homeowners. Revenue. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 2566 OF 2013-2014.]
The Commonwealth of Massachusetts
_______________
In the One Hundred and Eighty-Ninth General Court
(2015-2016)
_______________
An Act freezing real property tax payments by elderly home-owners.
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. Subsection (k) of section 6 of chapter 62 of the General Laws, as appearing in the 2010 Official Edition, is hereby amended by striking out paragraph (2) and inserting in place thereof the following two paragraphs:-
(2) A tenant of residential property located in the commonwealth, who is 65 years of age or older, who is not a dependent of another taxpayer and who occupies said property as his principal residence, shall be allowed a credit equal to the amount by which the rent constituting real estate tax payment exceeds 10 per cent of the taxpayer's total income, but the credit shall not exceed $750.
(2½) Notwithstanding the provisions of paragraph (4), an owner of residential property located in the commonwealth, who is 65 years of age or older, who is not a dependent of another taxpayer and who occupies said property as his or her principal residence, shall be allowed a credit equal to the amount by which the real estate tax payment exceeds such taxpayer’s amount of payment for calendar year 2012; provided, however, that the income limit in this subsection shall be increased by amounts equal to such income multiplied by the cost-of-living adjustment for the calendar year.
SECTION 2. This act shall take effect January 1, 2013.