An Act relative to tax abatement equity
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill, titled ‘An Act relative to tax abatement equity,’ aims to address potential inequities in the application of tax abatements in Massachusetts. It seeks to ensure that tax abatements are distributed fairly and equitably across different communities and property types. The bill proposes a review of existing tax abatement practices to identify and rectify any disparities. It intends to promote a more just and transparent system for awarding these economic incentives.
Key provisions
- Requires a review of current tax abatement practices.
- Aims to ensure equitable distribution of tax abatements.
- Seeks to identify and correct any disparities in the application of tax abatements.
- The bill is accompanied by a study order (H5195) to further investigate the issue.
Who is affected
- Property owners
- Local municipalities
- Developers
- Massachusetts residents
- Taxpayers
Notable changes
- The bill mandates a review of existing tax abatement policies.
- It seeks to establish greater equity in the distribution of tax abatements.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
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