H5607

Authorizing the city of Cambridge to allow for a personal property tax exemption of $30,000 or less

Introduced·7/27/26
Introduced Text

Authorizes the city of Cambridge to exempt personal property valued at $30,000 or less from taxation.

This bill allows the city of Cambridge to exempt personal property valued at $30,000 or less from taxation. This exemption applies regardless of any other laws or regulations that might otherwise require taxation. The act will take effect immediately upon passage.

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Where it stands

Current
Revenue Committee
Next
Committee decision

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

History

Jul 29

Senate

Senate concurred

Jul 27

House

Referred to the Joint Committee on Revenue