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MA H3183

Bill

Official Source

Status

Introduced

2/27/2025

Primary Sponsor

John Marsi

Click for details

Origin

House of Representatives

194th General Court

AI Summary

  • Expands Tax Increment Financing (TIF) eligibility to include housing projects, specifically residential rehabilitation and commercial-to-residential conversions
  • Adds a new qualifying criterion for TIF-eligible areas: conversion and rehabilitation of neglected, dilapidated, or underutilized building structures into useable dwelling units
  • Amends Section 3E of Chapter 23A of the General Laws to require Economic Assistance Coordinating Council (EACC) approval of TIF agreements
  • Expands the stated public purpose of TIF to include encouraging increased housing supply alongside industrial capacity and commercial activity
  • Requires municipalities to petition the EACC for TIF-eligible area designation based on specific criteria including business growth, job creation, economic resiliency, or housing conversion

Legislative Description

Allow all towns and cities to use Tax Increment Financing (TIF) as an incentive for housing (residential rehab or commercial conversion)

Last Action

Accompanied a study order, see H5182

3/9/2026

Committee Referrals

Revenue2/27/2025

Full Bill Text

No bill text available