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2 | 2 | | HOUSE DOCKET, NO. 3353 FILED ON: 1/17/2025 |
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3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 4051 |
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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 | | Rita A. Mendes |
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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 relative to establishing a municipal tax assessment increase limit. |
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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:Rita A. Mendes11th Plymouth1/17/2025 1 of 1 |
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16 | 16 | | HOUSE DOCKET, NO. 3353 FILED ON: 1/17/2025 |
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17 | 17 | | HOUSE . . . . . . . . . . . . . . . No. 4051 |
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18 | 18 | | By Representative Mendes of Brockton, a petition (accompanied by bill, House, No. 4051) of |
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19 | 19 | | Rita A. Mendes for legislation to establish a municipal tax assessment increase limit. 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 relative to establishing a municipal tax assessment increase limit. |
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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 56 of chapter 40 of the General Laws, as appearing in the 2022 Official Edition, |
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29 | 29 | | 2is hereby amended by inserting after the first paragraph the following 2 paragraphs:- |
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30 | 30 | | 3 A city or town shall have discretionary authority to determine: (i) the residential tax rate |
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31 | 31 | | 4factor shift and portion of tax levy to be paid by commercial, industrial and personal property |
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32 | 32 | | 5classes without being bound by the commissioner of revenue pursuant to section 1A of chapter |
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33 | 33 | | 658; and (ii) if properties should be subject to higher taxation that are registered as derelict or |
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34 | 34 | | 7abandoned residential, commercial or industrial property for a period of at least 5 years. |
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35 | 35 | | 8 A city or town may apply for hardship to the commissioner of revenue to cover the tax |
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36 | 36 | | 9levy for any shortfall of property tax revenue collected during periods when the commissioner |
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37 | 37 | | 10has collected a tax surplus. The amount to be applied for cannot exceed 5 per cent of the total tax |
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38 | 38 | | 11levy amount of any city or town applying. |
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