allowing one-time special appraisals of residences located in commercial zones.
Sponsored By: Keith R. Murphy (Republican)
Signed by Governor
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Special tax appraisals for business-zone homes
Beginning April 1, 2026, recorded owners of homes in commercial or industrial zones can apply for a special tax appraisal. It values the home based on its current residential use, not its potential value for other uses. Owners apply to local selectmen or assessors using their form by April 15 of any year. No repeat application is required; eligibility continues until assessing officials determine the property's use has changed. Officials may accept late applications if owners prove an accident, mistake, or misfortune prevented timely filing. No late application is allowed after the commissioner of revenue administration approves that year's local tax rate. This appraisal may lower assessed value and property taxes, but the law sets no savings amount.
Sponsors & Cosponsors
Sponsor
Keith R. Murphy
Republican • Senate
Cosponsors
Daniel E. Innis
Republican • Senate
Jason M. Osborne
Republican • House
Joe H. Alexander
Republican • House
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Signed by the Governor on 06/10/2025; Chapter 0087; Effective 04/01/2026
6/11/2025SenateEnrolled Adopted, VV, (In recess 05/22/2025); SJ 15
6/3/2025SenateEnrolled (in recess of) 05/22/2025 HJ 15 P. 53
6/3/2025HouseOught to Pass: MA VV 05/01/2025 HJ 13 P. 7
5/1/2025HouseCommittee Report: Ought to Pass 04/15/2025 (Vote 15-0; CC) HC 22 P. 10
4/17/2025HouseExecutive Session: 04/08/2025 09:30 am LOB 305
4/17/2025HousePublic Hearing: 04/08/2025 09:30 am LOB 305
4/1/2025HouseIntroduced (in recess of) 03/27/2025 and referred to Housing HJ 11 P. 110
3/28/2025HouseOught to Pass: MA, VV; OT3rdg; 03/06/2025; SJ 6
3/6/2025SenateCommittee Report: Ought to Pass, 03/06/2025; Vote 6-0; CC; SC 11
2/13/2025SenateHearing: 01/28/2025, Room 100, SH, 10:30 am; SC 7
1/23/2025SenateIntroduced 01/09/2025 and Referred to Commerce; SJ 3
1/22/2025Senate
Bill Text
Enrolled
6/3/2025
Introduced
1/22/2025
CHAPTERED FINAL VERSION
Version adopted by both bodies
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