An Act authorizing the town of Millis to establish a means-tested senior citizen property tax exemption for school building construction projects
House: Referred to the committee on Bills in the Third Reading
Summary
The town of Millis may offer a property‑tax exemption to senior homeowners that offsets the cost of borrowing for a school building project. To qualify, seniors must meet age, income, asset, residency and ownership requirements and must reapply each year. The exemption’s cost is spread across the rest of the residential tax levy.
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