An Act relative to property tax classifications in the city of Watertown for fiscal year 2027 and subsequent fiscal years
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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 modifies the property tax classification system in Watertown for fiscal year 2027 and future years. It proposes changes to how properties are categorized for tax purposes, potentially impacting the amount of property taxes paid by homeowners and businesses. The bill aims to adjust the current system to better reflect property values and usage within the city. The specific details of the changes are outlined in the bill’s text.
Key provisions
- Revises property tax classifications in Watertown.
- Adjusts the methodology for determining property tax rates.
- Potentially modifies the categories of properties used for tax assessment.
- Specifies the fiscal year for which these changes apply (2027 and subsequent years).
Who is affected
- Homeowners in Watertown
- Businesses in Watertown
- The City of Watertown
- Watertown taxpayers
Notable changes
- The bill proposes changes to the existing property tax classification system.
Bill text
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Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
House Committee on Ways and Means
Cosponsors
Steven Owens
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