AN ACT EXPANDING SMALL PROPERTY TAX ABATEMENTS IN THE TOWN OF AUBURN
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. Notwithstanding section 5I of chapter 59 of the General Laws or any other general or special law to the contrary, with respect to real property that is occupied by a business in the town of Auburn, the following factors determining an exemption for real property pursuant to the first sentence of the first paragraph of said section 5I of said chapter 59 shall be adjusted by: (i) increasing the amount of “employment of not more than 10” to the amount of “employment of not more than 25”; and (ii) increasing the amount of “1 million dollars” to the amount of “5 million dollars”.
SECTION 2. The select board for the town of Auburn may provide an exemption for parcels with multiple commercial occupants if not less than 50 per cent of the occupants are eligible businesses under section 5I of chapter 59 of the General Laws.
SECTION 3. This act shall take effect upon its passage.
Approved, October 14, 2026.