Budget & Taxes

passed · Massachusetts · Senate Feb 27, 2025

SD 1377: An Act aligning the long-term capital gains tax rate with the short-term capital gains tax rate

By Mr. Eldridge, a petition (accompanied by bill, Senate, No. 1974) of James B. Eldridge for legislation to align the long-term capital gains tax rate with the short-term capital gains tax rate. Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesAligns long-term and short-term capital gains tax rates to generate revenue, closing a disparity favoring high earners per bill summary.90% confidence

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passed · Massachusetts · Senate Feb 27, 2025

SD 951: An Act relative to the state personal income tax for low-income earners

By Mr. Fattman, a petition (accompanied by bill, Senate, No. 1990) of Ryan C. Fattman and Bruce E. Tarr for legislation relative to the state personal income tax for low-income earners. Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill targets state personal income tax for low-income earners, providing tax relief which aligns with supporting lower-income tax policies.95% confidence

Sub-Topics Income Tax

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passed · Massachusetts · Senate Feb 27, 2025

SD 579: An Act granting property tax relief to seniors

By Mr. Rush, a petition (accompanied by bill, Senate, No. 2071) of Michael F. Rush and Paul McMurtry for legislation to grant property tax relief to seniors. Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesGrants property tax relief to seniors, reducing tax burden for fixed-income group per bill title and summary.95% confidence

Sub-Topics Property Tax

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passed · Massachusetts · Senate Feb 27, 2025

SD 1251: An Act establishing the Massachusetts student relief and retention tax credit

By Mr. Kennedy, a petition (accompanied by bill, Senate, No. 2025) of Edward J. Kennedy for legislation to establish the Massachusetts student relief and retention tax credit. Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes tax credit for student relief, providing direct tax reduction for eligible individuals, aligning with tax relief indicators for middle/lower income.95% confidence ✓ EducationSupports EducationEstablishing a student relief and retention tax credit directly enhances educational access by reducing financial barriers for students, aligning with support indicators for funding and accessibility.95% confidence

Sub-Topics Tax Credits

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introduced · Massachusetts · House

HD 2867: An Act relative to the separation of agricultural land for renewable energy purposes

HD 2867 modifies Massachusetts tax law to exempt agricultural land separated for renewable energy production from certain taxes. Specifically, it prevents landowners from facing conveyance or roll-back taxes when they divide agricultural land (valued under Chapter 61A) for renewable energy use, as defined in Chapter 164. This directly affects farmers or landowners who develop renewable energy projects on portions of their agricultural land. The key provision removes tax liability for the separated renewable energy portion, maintaining the land's agricultural tax status for that specific area. The bill focuses on clarifying tax treatment for land used in renewable energy development without altering broader agricultural land use rules.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts agricultural land from conveyance/roll-back taxes for renewable energy projects, providing tax relief under MA tax law.95% confidence ✓ EnergySupports EnergyExempts agricultural land used for renewable energy from taxes, removing financial barriers to development and directly advancing renewable energy projects.95% confidence ✓ EnvironmentSupports EnvironmentExempts agricultural land for renewable energy from taxes, directly promoting clean energy development and reducing barriers to renewable projects.90% confidence

Sub-Topics Renewable Energy

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introduced · Massachusetts · House

HD 2724: An Act creating a municipal and public safety building authority

This bill creates the Massachusetts Municipal and Public Safety Building Authority and a dedicated trust fund financed by 33% of the state's marijuana sales tax revenue. The authority will use these funds to help cities and towns build or improve public safety buildings (like police stations and fire stations) and municipal facilities (such as town halls and public works offices). The state treasurer will hold the fund and disburse money to the authority without requiring annual legislative approval. This provides a stable, long-term funding source for local infrastructure projects.

Topics ✓ Budget & TaxesSupports Budget & TaxesRedirects 33% of marijuana tax revenue to fund public safety buildings, directly allocating state tax funds for infrastructure.95% confidence

Sub-Topics Revenue

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introduced · Massachusetts · House

HD 244: An Act relative to the establishment of a means tested senior citizen property tax exemption

HD 244 creates a property tax break for seniors in towns that adopt it. It exempts seniors aged 65+ (or joint applicants where one is 65+) who own and live in their home as their primary residence, meet income limits (based on Chapter 62 tax rules), and have lived in the town 10+ years. The exemption reduces property taxes by covering the amount above 10% of the applicant's income plus a prior year tax credit, but never by more than 50% of the tax bill. Towns must cap total exemptions at 0.5-1% of residential property tax revenue, and the benefit expires after 3 years unless renewed by the town.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax relief for seniors meeting income criteria, reducing their tax burden as a targeted fiscal measure.90% confidence

Sub-Topics Revenue Tax Incentives

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introduced · Massachusetts · House

HD 580: An Act expanding the senior property tax exemption

HD 580 allows cities and towns to increase the maximum senior property tax exemption from $500 to $2,000 for residents aged 65 or older. This bill directly affects senior homeowners in municipalities that currently offer property tax exemptions. The key provision amends local government authority to adjust exemption amounts, specifically permitting increases up to $2,000 (previously capped at 100% increases to the existing $500 amount). Municipalities must still approve these changes through their council or town meeting process.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill increases property tax exemption for seniors (65+), providing direct tax relief to lower/middle-income homeowners by reducing their tax burden.95% confidence

Sub-Topics Property Tax Tax Incentives

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passed · Massachusetts · House Feb 27, 2025

HD 4190: An Act establishing a local value added tax on cannabis cultivation sales

By Representative Soter of Bellingham, a petition (accompanied by bill, House, No. 178) of Michael J. Soter for legislation to establish a local value added tax on cannabis cultivation sales. Cannabis Policy.

Topics ✓ Budget & TaxesSupports Budget & TaxesEstablishes new tax on cannabis cultivation, generating revenue for local budget, directly advancing tax policy95% confidence

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passed · Massachusetts · Senate Dec 22, 2025

S 2010: An Act relative to taxes due upon the death of active duty personnel and the elderly

By Ms. Friedman, a petition (accompanied by bill, Senate, No. 2010) of Cindy F. Friedman for legislation relative to taxes due upon the death of active duty personnel and the elderly. Revenue.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief for active duty personnel and elderly upon death, aligning with tax relief indicators for lower-income groups under Budget & Taxes.90% confidence

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