MA S1966

Sellers of land or property that triggers payment in lieu of taxes (PILOT) obligations must provide written notice to buyers identifying this obligation before executing the purchase and sale agreement.

Government entities are exempt from the notice requirement, including the United States, Commonwealth of Massachusetts, counties, cities, towns, and their instrumentalities.

Sellers who fail to provide the required written notice become liable for paying the PILOT amounts instead of the buyer.

Amends Section 2C of Chapter 59 of the General Laws governing property tax provisions.

Similar legislation was filed in the previous session as House Bill No. 2783 (2023-2024).