HOUSE DOCKET, NO. 3420 FILED ON: 1/16/2015
HOUSE . . . . . . . . . . . . . . . No. 2639
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The Commonwealth of Massachusetts
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PRESENTED BY:
David M. Nangle
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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 relative to the payment of property taxes to municipalities by hospitals considered nonprofit organizations.
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PETITION OF:
Name: | District/Address: | Date Added: |
David M. Nangle | 17th Middlesex | 1/16/2015 |
HOUSE DOCKET, NO. 3420 FILED ON: 1/16/2015
HOUSE . . . . . . . . . . . . . . . No. 2639
By Mr. Nangle of Lowell, a petition (accompanied by bill, House, No. 2639) of David M. Nangle for legislation to require certain nonprofit hospital organizations to pay a portion of annual property taxes to its resident municipality. Revenue. |
The Commonwealth of Massachusetts
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In the One Hundred and Eighty-Ninth General Court
(2015-2016)
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An Act relative to the payment of property taxes to municipalities by hospitals considered nonprofit organizations.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Section 5 of chapter 59 of the General Laws, as appearing in the 2014 Official Edition, is hereby amended to add the following subsection (f) following Section 5(e):-
(f) Any hospital located within the Commonwealth, that would typically be exempt from property taxes based on its nonprofit status under this Section, shall hereby be required to pay 75% of its annual property taxes to the municipality in which it sits in order to offset the impact of the charitable property tax exemption on municipal revenues. However, any hospitals with a standing PILOT program, or any other financial agreement with their municipality arranged with the intent to offset the impact of the charitable property tax exemption, shall be exempt from the tax requirement laid out in this subsection.