An Act authorizing the town of Holliston to establish a means-tested senior citizen property tax exemption for debt exclusion construction projects

Summary

The bill lets the town of Holliston create a tax exemption for senior homeowners who meet income limits and are undertaking construction projects that do not involve new debt. It targets seniors who need to repair or upgrade their homes but cannot afford additional loans. By reducing their property taxes, the town hopes to make safe, affordable housing upgrades more accessible.

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