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New York State Legislature Amends Statutes Governing Property Tax Exemptions for Seniors and Persons with Disabilities and Limited Incomes | Bond Schoeneck & King PLLC

In Chapter 59 of the Laws of 2023, the New York State Legislature amended three aspects of the senior citizens exemption (Real Property Tax Law §467) and the exemption for persons with...
New York United States Schoeneck King York State Legislature York State School Tax Relief York State Department Of Taxation

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Pitched as affordable housing boost, bill would give Mass. cities and towns flexibility around real estate transfer fee

Advocates say the new bill's language gives cities and towns flexibility to do things like create exemptions for first-time homebuyers or impose the fee at a lower threshold in areas where the county median home sales price is lower than the state's.
United States United Kingdom Beacon Hill Pamela Schwartz Greg Vasil Lydia Edwards
Source: wbur.org

Local officials to rally for housing - The Martha's Vineyard Times

State lawmakers, in collaboration with the Local Option for Housing Affordability (LOHA) Coalition and regional housing advocates, will be heading to the Massachusetts State House next week to show support for a bill that would allow municipalities to impose a fee on high value real estate transactions in order to support affordable housing.ย  Local collections […]
Massachusetts State House United States Committee On Revenue Housing Bank Martha Vineyard Housing Bank Local Option

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