An Act improving older adult tax relief to address the rising cost of homeownership
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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 aims to provide property tax relief for older adults in Massachusetts to help them manage the increasing costs of homeownership. It seeks to address financial challenges faced by seniors as housing expenses rise. The legislation proposes adjustments to existing tax relief programs to better support this demographic. The bill was referred to the committee on Revenue and subsequently concurred by the Senate.
Key provisions
- Provides property tax relief for older adults.
- Addresses the rising cost of homeownership.
- Adjusts existing tax relief programs.
- Supports seniors facing housing affordability challenges.
- The bill was accompanied by a study order (H5237).
Who is affected
- Older adults
- Homeowners
- Massachusetts residents
- Property taxpayers
Notable changes
- The bill modifies existing property tax relief programs for older adults.
- It is linked to a study order (H5237) regarding housing affordability.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Thomas M. Stanley
Cosponsor
Thomas M. Stanley
Arguments
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