| 1 | 1 | | 1 of 1 |
|---|
| 2 | 2 | | SENATE DOCKET, NO. 2523 FILED ON: 1/17/2025 |
|---|
| 3 | 3 | | SENATE . . . . . . . . . . . . . . No. 1935 |
|---|
| 4 | 4 | | The Commonwealth of Massachusetts |
|---|
| 5 | 5 | | _________________ |
|---|
| 6 | 6 | | PRESENTED BY: |
|---|
| 7 | 7 | | Nick Collins |
|---|
| 8 | 8 | | _________________ |
|---|
| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
|---|
| 10 | 10 | | Court assembled: |
|---|
| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
|---|
| 12 | 12 | | An Act relative to municipal tax relief. |
|---|
| 13 | 13 | | _______________ |
|---|
| 14 | 14 | | PETITION OF: |
|---|
| 15 | 15 | | NAME:DISTRICT/ADDRESS :Nick CollinsFirst Suffolk 1 of 1 |
|---|
| 16 | 16 | | SENATE DOCKET, NO. 2523 FILED ON: 1/17/2025 |
|---|
| 17 | 17 | | SENATE . . . . . . . . . . . . . . No. 1935 |
|---|
| 18 | 18 | | By Mr. Collins, a petition (accompanied by bill, Senate, No. 1935) of Nick Collins for legislation |
|---|
| 19 | 19 | | to authorize a city or town to issue rebates to taxpayers who received the residential exemption in |
|---|
| 20 | 20 | | the prior fiscal year. Revenue. |
|---|
| 21 | 21 | | The Commonwealth of Massachusetts |
|---|
| 22 | 22 | | _______________ |
|---|
| 23 | 23 | | In the One Hundred and Ninety-Fourth General Court |
|---|
| 24 | 24 | | (2025-2026) |
|---|
| 25 | 25 | | _______________ |
|---|
| 26 | 26 | | An Act relative to municipal tax relief. |
|---|
| 27 | 27 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
|---|
| 28 | 28 | | of the same, as follows: |
|---|
| 29 | 29 | | 1 Chapter 59 of the General Laws is hereby amended by inserting after section 5O the |
|---|
| 30 | 30 | | 2following section:- |
|---|
| 31 | 31 | | 3 Section 5P. A city or town that accepts this section may issue rebates to those taxpayers |
|---|
| 32 | 32 | | 4who received the residential exemption in the prior fiscal year. Such rebates shall be uniform for |
|---|
| 33 | 33 | | 5each eligible taxpayer and appropriated by the city or town for this express purpose. The amount |
|---|
| 34 | 34 | | 6of the rebate shall be calculated by the treasurer of the city or town. This rebate shall be in |
|---|
| 35 | 35 | | 7addition to any exemptions allowed under chapter 59; provided, however, that in no instance |
|---|
| 36 | 36 | | 8shall the taxable valuation of such property after all applicable exemptions and the rebate be |
|---|
| 37 | 37 | | 9reduced below 10 per cent of its full and fair cash valuation, unless that is explicitly provided for |
|---|
| 38 | 38 | | 10in any specific section of said chapter 59. |
|---|