Rep. Scanlon recognizes the overwhelming obstacles, especially those resulting from this pandemic, that Massachusetts seniors are confronted with. Rep. Scanlon is will continue to work for our seniors and is committed to delivering the necessary support and relief.
H.3054 - An Act relative to tax relief for low-income seniors
This bill exempts any citizen over the age of 65, whose annual income is at or below the federal poverty guideline, from the motor vehicle excise tax on one vehicle owned and registered for personal use.
H.3055 - An Act creating a local option property tax cap for low-income seniors
This bill allows any city or town to impose a cap on property taxes for low-income seniors. Cities and towns may choose to impose a property tax cap for homeowners aged 65+ as long as single filers income is $50,000 or less or married filers income is $60,000 or less and assets (not including primary residence and 1 motor vehicle) are $75,000 or less.
H.3057 - An Act relative to the senior circuit breaker tax credit
This bill raises the cap on the senior breaker tax credit. The senior circuit breaker is codified into the general laws in subsection (k) of section 6 of chapter 62 of the general laws. Currently, the credit ‘shall not exceed $750’ (adjusted for inflation), which means the cap was $1,190 in 2020. This bill allows the cap to be as much as 50% of the total property tax bill for qualifying applicants.
HD3133 - An Act establishing a senior property tax deferral pilot program
This bill establishes a pilot program for a universal senior property tax deferral program in the Commonwealth. The pilot program will include around 10,000 eligible households and around 2,000 participants (about 2% of the universal program). Seniors will be able to defer their taxes by checking a box, to indicate participation, on their property tax bill. The city/town will forward a copy of the bill of the Department of Revenue, who will return an amount equal to the deferred taxes. Interest will accrue on the deferral will be set at the state’s borrowing costs plus a 50 basis point buffer. Homeowners may defer property taxes until the sum of deferrals, interest, and mortgages reach 60% of the first million dollars of assessed home value. The Commonwealth will be repaid the principal plus interest within one year of the homeowner’s death or sale of the home.