Ensures consistent reimbursement of PILOT funding to cities and towns in Massachusetts.

This bill amends the General Laws to ensure that state payments in lieu of taxes (PILOT) to cities and towns are not less than the previous fiscal year. Specifically, it mandates that if the measurable acreage of state-owned land in a city or town remains the same or increases from the previous fiscal year, the total amount reimbursed to that city or town by the commonwealth shall not be less than the amount reimbursed in the previous fiscal year. This provision aims to maintain consistent funding levels for local governments despite changes in state-owned land valuation.

Ensures consistent reimbursement of PILOT funding to cities and towns in Massachusetts.

This bill amends the General Laws to ensure that state payments in lieu of taxes (PILOT) to cities and towns are not less than the previous fiscal year. Specifically, it mandates that if the measurable acreage of state-owned land in a city or town remains the same or increases from the previous fiscal year, the total amount reimbursed to that city or town by the commonwealth shall not be less than the amount reimbursed in the previous fiscal year. This provision aims to maintain consistent funding levels for local governments despite changes in state-owned land valuation.