An Act authorizing the City of Melrose to establish a means tested senior citizen property tax exemption

HD 4505 allows the City of Melrose to create a property tax exemption for qualifying senior residents. To qualify, applicants must be 65 or older (or part of a joint household with one 65+ and the other 60+), have lived in Melrose for 10 consecutive years, and have income meeting the state's circuit breaker tax credit threshold. The exemption covers 100% of the applicant's prior year's circuit breaker credit amount, applied only to their primary residence. The city must approve annual applications, and the exemption expires after three years of implementation.