Massachusetts bill would enable municipalities to offer “tax shock” prevention credits when residential property taxes climb sharply

According to the State House News Service, “tomorrow is the deadline to submit written testimony to Senate Ways and Means on property tax bills (S 1933, S 1935) sponsored by Sen. Brownsberger and Sen. Collins.”

“The committee, which opted against holding an in-person public hearing despite a surge in interest in Boston property tax levels, began accepting written input Dec. 11.”

“Brownsberger’s bill would enable municipalities to offer “tax shock” prevention credits when residential property taxes climb by more than 10% in the third quarter. Cities and towns can opt in during tax-shock years and choose which of the outlined eligible groups can receive the credits: seniors, residents eligible for MassHealth and unemployed taxpayers.”…

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