Amendment #215 to H5150
An Act relative to real estate tax abatements to help businesses impacted by the Phase IV reopening plan
Mr. Hill of Ipswich moves to amend the bill:
SECTION 1. (a) As used in this section “eligible business,” shall include all business entities designated as “Phase IV” by COVID-19 Order No. 35.
(b) An eligible business may apply for a real estate tax abatement during any quarter of the fiscal year.
(c) The commonwealth shall remain liable for the difference in all payments resulting from the real estate tax abatements under this section between a municipality and an eligible business.
(d) This section shall expire 90 days after the termination of the Governor’s March 10, 2020 declaration of a state of emergency.