AN ACT FURTHER REGULATING THE RESIDENTIAL TAX EXEMPTION IN THE TOWN OF PROVINCETOWN
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Section 1 of chapter 25 of the acts of 2018 is hereby amended by striking out the words “or (ii)” and inserting in place thereof the following words:- (ii) not more than 4 units of a residential multi-unit parcel occupied by either: (A) the individual who is the taxpayer of the property and who uses said property as their principal residence for income tax purposes; or (B) a resident of the town of Provincetown who occupies the unit on a year-round rental basis and uses said unit as their principal residence for income tax purposes; or (iii).
SECTION 2. This act shall take effect upon its passage.
Approved, January 1, 2025.