MA S1933

Creates optional "tax shock prevention credits" that Massachusetts cities and towns can offer when residential property tax levy growth exceeds 10% in a fiscal year

Four categories of property owners may qualify: seniors (age 65+), MassHealth enrollees, households with someone receiving unemployment benefits for 12+ weeks, and properties in federally-designated high-need census tracts

Eligible properties must be owner-occupied with no more than 4 residential units

Credits are capped at a percentage of the second quarter tax bill, with municipalities setting the rate (up to 4/3 of levy growth for third quarter, 2/3 for fourth quarter)

Municipalities must certify available funds to cover credits and obtain Division of Local Services approval before mailing third quarter tax bills