Massachusetts 2023-2024 Regular Session

Massachusetts House Bill H4727

Introduced

6/24/24

Refer

6/24/24

Refer

6/24/24

Caption

Study Order

Impact

If enacted, this bill could lead to significant changes in the way property taxes are assessed and applied to seniors within the state. By conducting a thorough study of current exemptions and potential adjustments to them, the state may find ways to improve financial relief for elderly citizens and ensure that assistance programs are more effectively serving those in need. This could result in legislative recommendations aimed at revising tax codes to better meet the needs of aging individuals and whether additional fiscal resources may be allocated for such programs.

Summary

House Bill 4727 seeks to establish a study order regarding various revenue-related issues in Massachusetts, specifically focusing on tax exemptions and credits, particularly for senior citizens. The bill highlights the importance of understanding the existing tax structure and its implications for specific demographics, especially vulnerable populations. As part of this study, the bill emphasizes the need to assess current property tax exemption programs and their effectiveness in relieving financial burdens on elderly residents.

Contention

Discussions surrounding HB 4727 indicate a recognition of the importance of supporting the financial well-being of seniors. However, there may be contention regarding how such tax policies are funded and the potential impact on state revenue. Stakeholders could express concern over balancing the need to support seniors while ensuring that the state does not face undue financial strain. The outcomes of the study mandated by this bill could stir debates on the prioritization of funding for various social programs versus maintaining revenue levels necessary for state operations.

Latest H4727 Activity

Companion Bills

MA H4720

Similar To Study Order

MA H4725

Similar To Study Order

MA H4871

Similar To Study Order

MA H4870

Similar To Study Order

MA H5045

Similar To Study Order

MA S1922

Replaces To ease the tax burden on older adults, people with disabilities and their caregivers

MA S1772

Replaces Relative to adjusting the senior circuit breaker

MA S1808

Replaces Relative to graduate student loan deductions

MA S1848

Replaces Protecting youth from nicotine addiction

MA S1872

Replaces Relative to the taxation of cider

MA S1919

Replaces Repealing the sales tax on boats built or rebuilt in the Commonwealth

MA S1818

Replaces Providing for motor vehicle fuel tax relief for the Commonwealth

MA S1840

Replaces Relative to tax relief for low-income seniors

MA S1758

Replaces Relative to the repeal of the sales tax exemption for aircraft

MA S1810

Replaces Promoting student loan repayment

MA S1944

Replaces Relative to increasing the senior circuit breaker

MA S1937

Replaces Relative to exempting certain medical supplies from the state sales tax

MA S1860

Replaces Relative to the fair taxation of alcoholic beverages

MA S1846

Replaces Establishing a tax on local revenues from digital advertising

MA S1843

Replaces Relative to the senior circuit breaker tax credit

MA S1942

Replaces Relative to sales tax reduction to 5%

MA S1825

Replaces Relative to the Massachusetts senior circuit breaker tax credit

MA S1912

Replaces Establishing a tax exemption for municipalities paying for gas

MA S1957

Replaces To establish a vendors’ collection allowance

MA H2926

Replaces Relative to the sales tax on the purchase of a vehicle that is 25 years or older

MA H2933

Replaces To increase community preservation revenue

MA H2974

Replaces Relative to senior property tax deferral

MA H2975

Replaces Relative to vehicle excise tax

MA H2976

Replaces Relative to excise tax on motor vehicles

MA H2724

Replaces Relative to the housing development incentive program

MA H2696

Replaces Encouraging employer student loan repayment

MA H2849

Replaces Increasing the senior circuit breaker

MA H2784

Replaces Promoting student loan repayment

MA H2902

Replaces Relative to motor vehicle excise taxes

MA H2901

Replaces Relative to OTC medications sales tax exemption

MA H2732

Replaces To exempt certain personal protection equipment from sales tax

MA H2920

Replaces Making senior citizen property tax relief more equitable

MA H2966

Replaces Establishing a tax on local revenues from digital advertising

MA H2796

Replaces Providing for an income tax exemption for senior citizens

MA H2723

Replaces To protect historic buildings from fire

MA H2722

Replaces To reduce graduate student loan debt

MA H2735

Replaces Relative to the senior circuit breaker tax credit

MA H2731

Replaces Relative to tax exemptions for home office expenses

MA H2979

Replaces Relative to motor vehicle excise tax waivers

MA H2945

Replaces Establishing a senior property tax deferral pilot program

MA H2770

Replaces To ease the tax burden on older adults, people with disabilities and their caregivers

MA H2942

Replaces Relative to tax relief for low-income seniors

MA H2695

Replaces Relative to student loan debt relief tax credit

MA H2930

Replaces Establishing a tax for online advertising

MA H2699

Replaces Relative to exemptions for small charities for tax upon raffle proceeds

MA H2946

Replaces Relative to the senior circuit breaker tax credit

MA H3766

Replaces Establishing an income tax credit for parents contributing to a child's college tuition

MA H3767

Replaces Relative to the senior circuit breaker tax credit

MA H3947

Replaces Relative to bilingual educators and dual language certification incentives

MA H4017

Replaces To support higher education infrastructure

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MA H4517

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MA H4778

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MA S2612

Order relative to authorizing the joint committee on the Judiciary to make an investigation and study of certain current Senate documents relative to judicial matters.

MA H4675

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MA H5045

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MA H4739

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MA H4728

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MA H4725

Study Order