SECTION 1. Notwithstanding clause Seventeenth D of section 5 of chapter 59 of the General Laws or any other general or special law to the contrary, the town of Shrewsbury may adjust the eligibility factors for determining an exemption for real property under said clause Seventeenth D by: (i) increasing the total whole estate limit, real and personal, for such an exemption to not more than $61,490; provided, that said limit shall be increased annually by an amount equal to the increase in the Consumer Price Index published by the United States Department of Labor, Bureau of Labor Statistics for such year, pursuant to clause Seventeenth E of said section 5 of said chapter 59; and (ii) reducing the minimum age of eligibility for such an exemption from 70 to 65.

 SECTION 2. Notwithstanding clause Forty-first C of section 5 of chapter 59 of the General Laws or any general or special law to the contrary, the town of Shrewsbury may adjust the eligibility factors for determining an exemption for real property under said clause Forty-first C by: (i) increasing the maximum allowable gross receipts from all sources in the preceding year to an amount not exceeding $29,879 for a single person, or $44,818 for a married person determined by the gross receipts of both spouses for the preceding year; and (ii) increasing the total allowable value of a person’s whole estate, real and personal, to a maximum of $61,490, or $84,549 for a married person, to be increased annually by an amount equal to the increase in the Consumer Price Index published by the United States Department of Labor, Bureau of Labor Statistics for such year, pursuant to clause Forty-first D of said section 5 of said Chapter 59.

 SECTION 3. This act shall take effect upon its passage.