1 of 1 HOUSE DOCKET, NO. 3041 FILED ON: 1/16/2025 HOUSE . . . . . . . . . . . . . . . No. 3244 The Commonwealth of Massachusetts _________________ PRESENTED BY: Michael J. Soter _________________ To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General Court assembled: The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: An Act relative to the small commercial tax exemption. _______________ PETITION OF: NAME:DISTRICT/ADDRESS :DATE ADDED:Michael J. Soter8th Worcester1/16/2025Angelo J. Puppolo, Jr.12th Hampden2/5/2025Alyson M. Sullivan-Almeida7th Plymouth2/5/2025Joseph D. McKenna18th Worcester2/6/2025Steven George Xiarhos5th Barnstable2/18/2025 1 of 1 HOUSE DOCKET, NO. 3041 FILED ON: 1/16/2025 HOUSE . . . . . . . . . . . . . . . No. 3244 By Representative Soter of Bellingham, a petition (accompanied by bill, House, No. 3244) of Michael J. Soter and others relative to the amount and valuation for eligibility for a tax exemption on commercial property. Revenue. [SIMILAR MATTER FILED IN PREVIOUS SESSION SEE HOUSE, NO. 2952 OF 2023-2024.] The Commonwealth of Massachusetts _______________ In the One Hundred and Ninety-Fourth General Court (2025-2026) _______________ An Act relative to the small commercial tax exemption. Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows: 1 SECTION 1. Section 5I of chapter 59 of the General Laws, as appearing in the 2016 2Official Edition, is hereby amended by striking in lines 6 and 7, the words “not more than ten 3percent of the value of the parcel;” and inserting in place thereof the following:- 4 “an amount accepted by the local legislative body, not to exceed twenty percent of the 5value of the parcel;”. 6 SECTION 2. Section 5I of said chapter 59, as so appearing, is hereby amended by 7striking in line 14, the words “one million dollars” and inserting in place thereof the following:- 8 “an amount accepted by the local legislative body, not to exceed four million dollars”.