Budget Amendment ID: FY2027-S4-845

OTH 845

Income Tax Credit for Property Tax Payments

Mr. Tarr moved that the proposed new text be amended by inserting after Section ___ the following new section:-- "SECTION_____. Section 6 of Chapter 62 of the General Laws is hereby amended by adding at the end the following new subsection--: " (jj) a credit shall be allowed for 5 percent of, or not more than $300, for property tax payments made by an individual filer for residential property taxes paid to a municipality of the commonwealth pursuant to chapter 59 of the general laws.""