This bill creates a property tax exemption for Massachusetts National Guard members and reservists who meet specific residency requirements. It exempts the full taxable value of their primary residence (occupied by them or their spouse) during active duty outside Massachusetts plus 180 days, provided they were domiciled in Massachusetts for at least 6 months before service or 5 consecutive years before filing. The state will cover 75% of the lost tax revenue by reimbursing cities and towns annually, while the local municipality bears the remaining 25%. The exemption does not apply to properties transferred to evade taxes.
This bill (HD 3981) allows Massachusetts cities and towns to provide property tax relief to seniors aged 75 or older. It authorizes local boards of assessors to grant a tax abatement of up to 100% on real and personal property taxes for qualifying residents. Eligibility criteria for this relief would be set by each municipality's board of assessors. The program is optional for local governments, meaning communities must choose to adopt it before offering this tax reduction to seniors.
HD 4088 provides tax incentives for corporations and individuals renovating abandoned buildings into housing projects. It allows a 10% deduction of renovation costs when calculating taxable income for qualifying projects. For housing developments, the bill exempts either the sale profits or rental income from taxable income for five years if units are rented out. These provisions apply specifically to projects certified under Chapter 23A and defined as "abandoned buildings" under Chapter 200A.
This bill (HD 4223) adds a $50,000 income tax exemption for Massachusetts residents aged 65 or older during the taxable year. It directly affects seniors who meet the age requirement by reducing their taxable income. The key provision inserts a new section into state tax law, allowing eligible seniors to exclude $50,000 from their taxable income when calculating state income tax. This is a concrete policy change that lowers tax liability for qualifying seniors without altering other tax rates or brackets. The exemption applies automatically to eligible individuals who reach age 65 by year-end.
By Mr. O'Connor, a petition (accompanied by bill, Senate, No. 2049) of Patrick M. O'Connor for legislation to establish a tax exemption for municipalities paying for gas. Revenue.
This bill modifies tax exemption rules for small commercial properties in Massachusetts cities and towns. It allows local governments to grant tax exemptions to commercial parcels where at least 50% of occupants are "eligible businesses," or for mixed residential/commercial properties where 50% of the commercial portion meets this threshold. The change directly affects small businesses seeking tax relief and local officials administering property tax exemptions. It does not define "eligible businesses" but sets a clear 50% occupancy requirement for exemption eligibility.
By Mr. Velis, a petition (accompanied by bill, Senate, No. 2096) of John C. Velis, Sal N. DiDomenico and Michael O. Moore for legislation to establish a means tested senior citizen property tax exemption. Revenue.
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.
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.
HD 5132 allows North Attleborough seniors meeting specific income and residency requirements to reduce their property tax bills. To qualify, residents must be 67+ (62 for joint applicants), own and occupy their home as their primary residence for at least 10 years, have household income below $90,000 (joint), and pass asset tests set by the town. Applications must be submitted annually by September 1, with a yearly cap of 500 exemptions. The program expires after 3 years but can be renewed by the town council.
