Amendment ID: S2834-118

Amendment 118

Second Homes

Mr. Cyr and Ms. Rausch move that the proposed new text be amended by adding the following new section:-

"SECTION XX. Chapter 59 of the General Laws is hereby amended by inserting after section 5O the following section:-

Section 5P. (a) In any city or town that accepts this section, the board of selectmen of a town, or in a municipality having a town council form of government, the town council or the mayor, with the approval of the city council in a city, may establish a bifurcated or progressive property tax rate on real property classified as class one, residential property as defined under this chapter for the purposes of administering different property tax rates to such class one, residential properties based on whether said properties are occupied on a year-round basis or subject to periods of vacancy.

(b) The commissioner of revenue shall, as needed for each city or town that accepts this section, adjust the minimum residential factor under section 1A of Chapter 58."