MA H3076

Delays the tax impact of manufacturing corporation classification on machinery assessments until the following fiscal year if the commissioner fails to forward the classification list to local assessors before July 1

Amends Chapter 58, Section 2 of Massachusetts General Laws regarding the timing of manufacturing corporation classifications and their effect on local property tax assessments

Requires corporations seeking manufacturing classification to file their initial application with the commissioner by January of the calendar year for which they seek the classification

Affects the assessment of machinery used in business operations under clause sixteenth of section 5 of chapter 59