Federal Department of Defense facilities eligible for payment in lieu of taxes.
This bill amends the General Laws to make any facility operated by the federal Department of Defense eligible for payment in lieu of taxes. The grant paid to municipalities will be equal to 27% of the property taxes that would have been paid if the real property were taxable. The bill takes effect upon passage.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.