Restores tax exemptions for public housing in Massachusetts.
The bill amends the General Laws to restore tax exemptions for public housing projects in Massachusetts. It exempts from taxation, betterments, and special assessments the real property, buildings, and structures owned by housing authorities, their controlled entities, or designated private entities that contain income-restricted units. The exemption applies to associated common areas and land. If only a portion of the buildings or structures is restricted for income-restricted units, the exemption is prorated.
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