The Commonwealth of Massachusetts

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PRESENTED BY:

Morrissey, Michael (SEN)

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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 equitable payment in lieu of taxes.

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PETITION OF:

[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE SENATE, NO. S01763 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 equitable payment in lieu of 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 58 of the General Laws, as appearing in the 2004 Official Edition, is hereby amended by adding the following section: -

SECTION 17A.           The department of revenue shall establish reasonable levels of payment in lieu of taxes for cities and towns that severally border lands owned by the commonwealth for the purposes named in section 13.  The department of revenue shall establish a formula based on factors which determine the property’s value including but not limited to municipal zoning designation, such as open space, commercial, or residential, for the purpose of equitably distributing funds under the previous section.