SENATE DOCKET, NO. 808 FILED ON: 1/18/2023
SENATE . . . . . . . . . . . . . . No. 2338
|
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Jacob R. Oliveira
_________________
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 tax abatements for disabled veterans and Gold Star families.
_______________
PETITION OF:
Name: | District/Address: |
|
Jacob R. Oliveira | Hampden, Hampshire and Worcester |
|
Anne M. Gobi | Worcester and Hampshire | 2/21/2023 |
Paul R. Feeney | Bristol and Norfolk | 3/16/2023 |
Ryan C. Fattman | Worcester and Hampden | 4/6/2023 |
SENATE DOCKET, NO. 808 FILED ON: 1/18/2023
SENATE . . . . . . . . . . . . . . No. 2338
By Mr. Oliveira, a petition (accompanied by bill, Senate, No. 2338) of Jacob R. Oliveira and Anne M. Gobi for legislation relative to tax abatements for disabled veterans and Gold Star families. Veterans and Federal Affairs. |
The Commonwealth of Massachusetts
_______________
In the One Hundred and Ninety-Third General Court
(2023-2024)
_______________
An Act relative to tax abatements for disabled veterans and Gold Star families.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Clause Twenty-second of section 5 of chapter 59 of the General Laws, as appearing in the 2020 Official Edition, is hereby amended by adding the following subsection:-
(h) The assessors shall calculate a proportionate addition to the amount of the exemption to be added to the exemption allowed under subsections (a) to (f), inclusive, by making the following calculations:-
(1) Determine the amount of exemption under said clause;
(2) Then, determine the amount of property taxes due from the applicant from the prior tax year, without exemption; and
(3) Then, determine the amount of property taxes due from the applicant in the current tax year, without exemption.
(4) If the amount in subdivision (3) is greater than the amount in subdivision (2), subtract the amount in subdivision (2) from the amount in subdivision (3).
(5) Determine the percentage increase in taxes by dividing the amount in subdivision (4) by the amount in subdivision (2) and multiply the result by 100.
(6) Multiply the percentage increase under subdivision (5) by the amount under subdivision (1), which shall be the proportionate addition to the amount of exemption allowed under said clauses.
The total amount in subdivision (6) shall be added to the exemption in subdivision (1) under said subsections (a) to (f), inclusive, and shall be newly calculated annually.