Massachusetts 2023-2024 Regular Session

Massachusetts House Bill H2904

Introduced
2/16/23  
Refer
2/16/23  

Caption

Reducing tax liability for grandparents raising grandchildren

Impact

Upon enactment, this bill would amend Section 5 of Chapter 59 of the Massachusetts General Laws, thereby empowering local authorities to offer property tax reductions up to $1,000 per grandchild per tax year. This amendment provides a legislative framework that encourages municipalities to tailor tax relief programs to meet the needs of their communities. Such initiatives could lead to increased support for families and potentially lower overall tax obligations for older adults who find themselves unexpectedly responsible for their grandchildren's welfare.

Summary

House Bill H2904, proposed by Representative James M. Murphy, is an initiative aimed at reducing the tax liability for grandparents who are raising their grandchildren. The bill allows cities and towns in Massachusetts to establish a tax exemption or abatement program specifically for these guardians, provided they are over the age of 55. The legislation recognizes the significant financial burden placed on grandparents who take on the role of primary caregivers for their grandchildren, often in challenging circumstances. Thus, H2904 proposes a structured means of relieving such financial pressures through local tax policies.

Contention

While H2904 is generally framed as a supportive measure for families facing financial difficulties, it may spur debate regarding the equitable distribution of tax benefits. Critics could argue that establishing varying tax exemption rules at the local level might lead to inconsistencies in the support provided across different areas, creating disparities based on geographic location. Additionally, there may be concerns about the financial implications for local governments tasked with administering these tax reductions. It raises questions regarding budget allocations and prioritization of the funding necessary to support this new growth in tax exemptions.

Notable_points

A particularly notable aspect of H2904 is its attempt to not only ease financial burdens on families but also recognize the critical role of grandparents in child-rearing. This legislation acknowledges the evolving dynamics of family structures and the increasing prevalence of non-traditional guardianship arrangements. Its passage could also set a precedent for additional support measures tailored towards caregivers in similar situations, reflecting a growing trend to provide state support for non-parental guardians.

Companion Bills

MA S1859

Similar To Providing for settlements of tax liability

MA S1865

Similar To To protect the intent of the Fair Share Amendment

MA H3735

Similar To Authorizing the town of Truro to establish a program to reduce property tax liability in exchange for volunteer services for persons with disabilities

Previously Filed As

MA H3204

Reducing tax liability for grandparents raising grandchildren

MA H225

To amend the structure of the Commission of Grandparents Raising Grandchildren

MA H152

To amend the structure of the Commission of Grandparents Raising Grandchildren

MA H4390

To amend the structure of the Commission of Grandparents Raising Grandchildren

MA HR909

Recognizing the work of Texas Grandparents Raising Grandchildren.

MA SB313

Provides relative to the Council on the Status of Grandparents Raising Grandchildren. (gov sig)

MA SB57

Creates the Council on the Status of Grandparents Raising Grandchildren. (gov sig) (EN SD RV See Note)

MA HJR225

CREATING THE JOINT INTERIM STUDY COMMISSION ON GRANDPARENTS RAISING GRANDCHILDREN.

MA HB06393

An Act Increasing State Support To Grandparents Who Are Raising Grandchildren.

MA HR665

Commending Texas grandparents who are raising their grandchildren.

Similar Bills

No similar bills found.