Massachusetts H3120 allows municipalities to freeze residential tax rates or valuations for elderly residents with means-tested criteria.
Massachusetts H3120 offers municipalities the option to freeze residential tax rates or valuations for elderly residents who meet specific means-tested criteria. This includes individuals who are 65 years or older or permanently disabled, provided their income and assets do not exceed limits set by the city or town. The freeze applies to real property owned and occupied by the applicant or joint applicants as their domicile, provided they have lived in the city or town for at least 10 consecutive years.
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- Legal Framework
- Critical Issues
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