MA S2016

Cities and towns that vote to accept this provision may require property tax-exempt charitable organizations with total property valued at $15 million or more to make payments in lieu of taxation (PILOT) equal to 25% of what their full property tax bill would be

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

Municipalities accepting this section must adopt local ordinances or bylaws establishing agreements with affected organizations, which may include exemptions from payment or counting community benefits as payment

Amends Chapter 59 of the General Laws by adding Section 5O, providing a local-option framework for PILOT programs

Filed by Senator Adam Gomez (Hampden) on January 17, 2025; similar legislation was introduced in the 2023-2024 session as Senate No. 1836