HOUSE DOCKET, NO. 2068 FILED ON: 2/16/2021
HOUSE . . . . . . . . . . . . . . . No. 3803
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The Commonwealth of Massachusetts
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PRESENTED BY:
Maria Duaime Robinson
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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 establishing a study to examine lost municipal real estate tax revenue.
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PETITION OF:
Name: | District/Address: | Date Added: |
Maria Duaime Robinson | 6th Middlesex | 2/16/2021 |
Patrick Joseph Kearney | 4th Plymouth | 2/22/2021 |
Lindsay N. Sabadosa | 1st Hampshire | 2/23/2021 |
Rebecca L. Rausch | Norfolk, Bristol and Middlesex | 2/23/2021 |
Erika Uyterhoeven | 27th Middlesex | 4/5/2021 |
Steven C. Owens | 29th Middlesex | 4/14/2021 |
Nika C. Elugardo | 15th Suffolk | 1/26/2022 |
HOUSE DOCKET, NO. 2068 FILED ON: 2/16/2021
HOUSE . . . . . . . . . . . . . . . No. 3803
By Ms. Robinson of Framingham, a petition (accompanied by bill, House, No. 3803) of Maria Duaime Robinson and others that the Department of Revenue study the annual loss of municipal tax revenue resulting from tax exemptions on real property assessed at a value of one million dollars or more. Revenue. |
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Second General Court
(2021-2022)
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An Act establishing a study to examine lost municipal real estate tax revenue.
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to establish forthwith a study to examine the lost municipal tax revenue resulting from tax exemptions on real property, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
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. Notwithstanding any general or special law to the contrary, the department of revenue shall conduct a study examining the annual loss of municipal tax revenue resulting from tax exemptions on real property assessed at a value of $1 million or more.
The study shall calculate the annual loss of tax revenue by each municipality in the commonwealth from tax-exempt real property assessed at a value of $1 million or more, including state-owned properties and properties eligible for payments in lieu of taxes.
The department shall submit a report of its findings along with any recommendations to the joint committee on revenue and the clerks of the house of representative and the senate not later than 6 months after the end of the 2022 fiscal year. The department shall revise its report and recommendations every 5 years.
SECTION 2. Notwithstanding any general or special law to the contrary, municipalities shall assess the value of all tax-exempt real property for the 2022 fiscal year and every 5 years thereafter and submit the assessments to the department for the purposes of this study.