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MA H4687

Bill

Official Source

Status

Introduced

9/29/2025

Primary Sponsor

Steven Owens

Click for details

Origin

House of Representatives

194th General Court

AI Summary

  • Sets the minimum residential factor for Watertown property taxes at 50% starting in fiscal year 2027, overriding the standard state calculation under Chapter 58, Section 1A
  • Allows the city to shift more of the property tax burden from residential to commercial/industrial properties by lowering the residential share below what state formula would otherwise require
  • Caps the tax levy on any property class at no more than 175% of the full and fair cash valuation of taxable property in Watertown
  • Applies to fiscal year 2027 and all subsequent fiscal years unless changed by future legislation
  • Has received local approval from the Watertown City Council and takes effect upon passage

Legislative Description

Relative to property tax classifications in the city of Watertown for fiscal year 2027 and subsequent fiscal years

Last Action

Reported date extended to Friday, June 26, 2026

3/9/2026

Committee Referrals

Revenue10/16/2025
Rules9/29/2025

Full Bill Text

No bill text available