HOUSE DOCKET, NO. 115 FILED ON: 1/9/2023
HOUSE . . . . . . . . . . . . . . . No. 2944
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The Commonwealth of Massachusetts
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PRESENTED BY:
Adam J. Scanlon and Simon Cataldo
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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 creating a local option property tax cap for low-income seniors.
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PETITION OF:
Name: | District/Address: | Date Added: |
Adam J. Scanlon | 14th Bristol | 1/9/2023 |
Simon Cataldo | 14th Middlesex | 1/10/2023 |
Rodney M. Elliott | 16th Middlesex | 1/12/2023 |
Francisco E. Paulino | 16th Essex | 1/14/2023 |
Bud L. Williams | 11th Hampden | 1/20/2023 |
Smitty Pignatelli | 3rd Berkshire | 1/25/2023 |
David F. DeCoste | 5th Plymouth | 1/26/2023 |
Kelly W. Pease | 4th Hampden | 1/26/2023 |
Carol A. Doherty | 3rd Bristol | 1/29/2023 |
Brian W. Murray | 10th Worcester | 1/29/2023 |
Ryan M. Hamilton | 15th Essex | 1/30/2023 |
Mary S. Keefe | 15th Worcester | 2/6/2023 |
Colleen M. Garry | 36th Middlesex | 2/13/2023 |
James B. Eldridge | Middlesex and Worcester | 2/16/2023 |
Adrianne Pusateri Ramos | 14th Essex | 2/18/2023 |
Carlos González | 10th Hampden | 4/4/2023 |
Jennifer Balinsky Armini | 8th Essex | 4/21/2023 |
Christopher J. Worrell | 5th Suffolk | 6/27/2023 |
HOUSE DOCKET, NO. 115 FILED ON: 1/9/2023
HOUSE . . . . . . . . . . . . . . . No. 2944
By Representatives Scanlon of North Attleborough and Cataldo of Concord, a petition (accompanied by bill, House, No. 2944) of Adam Scanlon, Simon Cataldo and others for legislation to create a local option property tax cap for low-income seniors. Revenue. |
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Third General Court
(2023-2024)
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An Act creating a local option property tax cap for low-income seniors.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Chapter 59 of the General Laws is hereby amended by inserting after section 5N the following section:-
Section 5O. A city or town that accepts this section in the manner provided in section 4 of chapter 4 may impose a cap on property taxes for homeowners of the age of 65 or over; provided, that such homeowners shall meet the following income and asset requirements for eligibility, if single incomes of $50,000 or less, if married $60,000 or less and assets of $75,000 or less not including the primary residence and l motor vehicle registered to the applicant.
The assessments and tax rate changes of such homeowner qualified properties shall be recalculated on an annual basis. The lesser of the calculations shall prevail as the property tax levy for that year. For the purpose of this exemption, income means the “adjusted gross income” for federal income tax purposes as reported on the applicant’s latest available federal or state income tax return for the applicable income tax year, subject to any subsequent amendments or revisions, reduced by distributions, to the extent included in federal adjusted gross income, received from an individual retirement account and an individual retirement annuity; provided, that if no such return was filed for the application income tax year, income means the adjusted gross income that would have been so reported if such a return had been filed.