Establishes a property tax exemption for seniors in Grafton, Massachusetts, subject to certain conditions and duration.
This bill creates a property tax exemption for qualifying seniors in Grafton, Massachusetts. The exemption applies to residential real property owned and occupied by individuals who meet specific age and income criteria. The exemption amount is set annually by the town's select board, ranging between 50% and 200% of the circuit breaker income tax credit. The exemption is subject to conditions, including the applicant's income, assets, and residency history.
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- Overview
- Core Provisions
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- Legal Framework
- Critical Issues
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