MA S2084

Amends Chapter 61A, Section 15 of Massachusetts General Laws to provide property tax exemptions for structures and buildings essential to commercial agricultural and horticultural operations constructed or reconstructed after July 1, 2015

Exempts from taxation the increased value from construction/reconstruction for a period of 5 years, with a maximum exemption period of 10 years while the property remains in agricultural use

Covered structures include buildings for raising/producing agricultural commodities, employee housing, indoor horse exercise arenas, maple syrup production facilities, and honey/beeswax production buildings (excluding riding academies and dude ranches)

Requires property owners to apply for the exemption with their local assessor within 1 year of completing construction, using a form prescribed by the commissioner

Imposes roll-back taxes if the property is converted to non-agricultural use during the exemption period, calculated by applying prior years' tax rates to the exempt assessed valuations