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
Sponsorship: Partisan Bill (Democrat 1)
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.
