MA S2022

Establishes a special commission to study the feasibility of a state property tax deferral program for residents age 65 and older through a 3-year pilot program targeting 10,000 eligible households

Allows seniors to defer property taxes until deferrals, accumulated interest, and outstanding mortgage reach 60% of assessed property value, with no income restrictions for enrollment

State would pay municipalities the deferred tax amounts and retain a lien on properties, with repayment due within 1 year of homeowner's death or sale of the home

Commission membership includes chairs of Joint Committees on Revenue and Elder Affairs, Department of Revenue commissioner, minority party appointees, and representatives from senior advocacy organizations

Commission must hold its first meeting within 6 months of enactment and submit recommendations with draft legislation by December 31, 2026