Bill Text: MA H3487 | 2009-2010 | 186th General Court | Introduced


Bill Title: That tax assessors of cities and towns be directed to determine the fair cash valuation of affordable housing

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 4/7 at 10:00 AM in Gardner Auditorium [H3487 Detail]

Download: Massachusetts-2009-H3487-Introduced.html

The Commonwealth of Massachusetts

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PRESENTED BY:

Matthew C. Patrick

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
                Court assembled:

                The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:

An Act relative to the assessment of local taxes.

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PETITION OF:

 

Name:

District/Address:

Matthew C. Patrick

3rd Barnstable


 

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 4119 OF 2007-2008.]

The Commonwealth of Massachusetts

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In the Year Two Thousand and Nine

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An Act relative to the assessment of local taxes.



                Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

            SECTION 1.

Chapter 59 of the General Laws, as appearing in the 2004 Official Edition, is hereby amended by adding after Section 38 H the following section: —

Section 38 I:  Affordable Housing; valuation

In determining the fair cash valuation of affordable housing, as defined in section 1 of Chapter 60, the assessors of each city and town shall consider the deed restrictions ensuring affordability placed on the property. 

SECTION 2.

Section 1 shall be effective for fiscal years beginning on or after July 1, 2007.

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