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| 2 | 2 | | HOUSE DOCKET, NO. 1029 FILED ON: 1/14/2025 |
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| 3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 3252 |
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| 4 | 4 | | The Commonwealth of Massachusetts |
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| 5 | 5 | | _________________ |
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| 6 | 6 | | PRESENTED BY: |
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| 7 | 7 | | Thomas M. Stanley |
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| 8 | 8 | | _________________ |
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| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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| 10 | 10 | | Court assembled: |
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| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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| 12 | 12 | | An Act improving older adult tax relief to address the rising cost of homeownership. |
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| 13 | 13 | | _______________ |
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| 14 | 14 | | PETITION OF: |
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| 15 | 15 | | NAME:DISTRICT/ADDRESS :DATE ADDED:Thomas M. Stanley9th Middlesex1/14/2025 1 of 2 |
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| 16 | 16 | | HOUSE DOCKET, NO. 1029 FILED ON: 1/14/2025 |
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| 17 | 17 | | HOUSE . . . . . . . . . . . . . . . No. 3252 |
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| 18 | 18 | | By Representative Stanley of Waltham, a petition (accompanied by bill, House, No. 3252) of |
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| 19 | 19 | | Thomas M. Stanley relative to property tax relief for older adults. Revenue. |
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| 20 | 20 | | The Commonwealth of Massachusetts |
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| 21 | 21 | | _______________ |
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| 22 | 22 | | In the One Hundred and Ninety-Fourth General Court |
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| 23 | 23 | | (2025-2026) |
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| 24 | 24 | | _______________ |
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| 25 | 25 | | An Act improving older adult tax relief to address the rising cost of homeownership. |
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| 26 | 26 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 27 | 27 | | of the same, as follows: |
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| 28 | 28 | | 1 SECTION 1. Section 6 of chapter 62 of the general laws, as appearing in the 2022 |
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| 29 | 29 | | 2Official Edition, is hereby amended by striking out the definition of “Real estate tax payment” |
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| 30 | 30 | | 3and inserting in place thereof the following definition:- |
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| 31 | 31 | | 4 "Real estate tax payment", the real estate tax levied pursuant to chapter 59 on the |
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| 32 | 32 | | 5taxpayer's residence and actually paid by the taxpayer during the taxable year, including water |
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| 33 | 33 | | 6and sewer debt service charges assessed pursuant to subsection (n) of section 21C of chapter 59, |
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| 34 | 34 | | 7exclusive of special assessments and delinquent interest, and less any abatement granted. For |
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| 35 | 35 | | 8owners of residential property located in communities which have not exercised the option to |
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| 36 | 36 | | 9assess water or sewer debt service charges pursuant to subsection (n) of section 21C of chapter |
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| 37 | 37 | | 1059, the real estate tax payment to be considered for purposes of calculating this credit shall also |
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| 38 | 38 | | 11include 50 per cent of the owner's water and sewer charges actually paid in the taxable year for |
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| 39 | 39 | | 12which the credit is sought. In addition, the real estate tax payment to be considered for purposes |
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| 40 | 40 | | 13of calculating this credit shall also include 50 percent of the owner’s home owners insurance 2 of 2 |
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| 41 | 41 | | 14policy whether or not required by a mortgage holder, if any. In the case of a multi-unit dwelling, |
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| 42 | 42 | | 15the real estate tax payment, including the water and sewer charges and homeowner insurance |
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| 43 | 43 | | 16cost as applicable shall constitute that portion of the real estate tax levied and paid, and the |
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| 44 | 44 | | 17portion of the applicable water and sewer charges and homeowners insurance charges actually |
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| 45 | 45 | | 18paid, on the entire building or of the taxpayer in accordance with procedures established by the |
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| 46 | 46 | | 19commissioner. |
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