HOUSE DOCKET, NO. 173 FILED ON: 1/10/2023
HOUSE . . . . . . . . . . . . . . . No. 2952
|
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Michael J. Soter
_________________
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 small commercial tax exemption.
_______________
PETITION OF:
Name: | District/Address: | Date Added: |
Michael J. Soter | 8th Worcester | 1/10/2023 |
Adam J. Scanlon | 14th Bristol | 1/11/2023 |
Angelo J. Puppolo, Jr. | 12th Hampden | 1/11/2023 |
Susan Williams Gifford | 2nd Plymouth | 1/11/2023 |
Marcus S. Vaughn | 9th Norfolk | 1/11/2023 |
F. Jay Barrows | 1st Bristol | 1/13/2023 |
David K. Muradian, Jr. | 9th Worcester | 2/6/2023 |
Alyson M. Sullivan-Almeida | 7th Plymouth | 2/9/2023 |
David F. DeCoste | 5th Plymouth | 4/5/2023 |
HOUSE DOCKET, NO. 173 FILED ON: 1/10/2023
HOUSE . . . . . . . . . . . . . . . No. 2952
By Representative Soter of Bellingham, a petition (accompanied by bill, House, No. 2952) of Michael J. Soter and others relative to the amount and valuation for eligibility for a tax exemption on commercial property. Revenue. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 3068 OF 2021-2022.]
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninety-Third General Court
(2023-2024)
_______________
An Act relative to the small commercial tax exemption.
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. Section 5I of chapter 59 of the General Laws, as appearing in the 2016 Official Edition, is hereby amended by striking in lines 6 and 7, the words “not more than ten percent of the value of the parcel;” and inserting in place thereof the following:-
“an amount accepted by the local legislative body, not to exceed twenty percent of the value of the parcel;”.
SECTION 2. Section 5I of said chapter 59, as so appearing, is hereby amended by striking in line 14, the words “one million dollars” and inserting in place thereof the following:-
“an amount accepted by the local legislative body, not to exceed four million dollars”.