Bill Text: MA S1311 | 2009-2010 | 186th General Court | Introduced
Bill Title: For legislation relative to equitable payment in lieu of taxes
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 5/27 at 10:00 AM in Hearing Room B2 [S1311 Detail]
Download: Massachusetts-2009-S1311-Introduced.html
The Commonwealth of Massachusetts
_______________
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:
|
Name: |
District/Address: |
|
Morrissey, Michael (SEN) |
Norfolk and Plymouth |
[SIMILAR MATTER FILED IN PREVIOUS
SESSION
SEE SENATE, NO. S01763 OF 2007-2008.]
The Commonwealth of
Massachusetts
_______________
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.
