MA H3264

Cities and towns that vote to accept this provision may require tax-exempt organizations owning property valued at $15 million or more to make payments in lieu of taxes (PILOTs) equal to 25% of what they would owe if fully taxable

Applies to charitable organizations exempt under clause third of section 5 of Chapter 59, covering both real and personal property

High Public Payment Hospitals as determined by the Executive Office of Health and Human Services are exempt from this requirement

Municipalities that adopt this section must create local ordinances or bylaws governing agreements with affected organizations, including provisions for exemptions and counting community benefits as payment

Filed January 17, 2025 by Representative Erika Uyterhoeven (27th Middlesex), with co-sponsors Christine P. Barber and Natalie M. Higgins