Amendment ID: H4848-1

Amendment 1

Hopkinton means-tested senior citizen property tax exemption

Mr. DiDomenico moves to amend the bill by striking out, in line 3, the words “actual cost of” and inserting in place thereof the following words:- “amount that an applicant’s total annual property tax increases as directly caused by the town of Hopkinton”; and

By adding the following 2 sections:-

“SECTION 6. The board of assessors may grant exemptions pursuant to this act until the town of Hopkinton has retired the full debt encumbered by any borrowing, including principal and interest, in any fiscal year, for certain school building construction projects as provided under section 1.

SECTION 7. This act shall take effect upon its passage.”.