WeVote

Bill

Bill

HD 5341

An Act relative to expanded small property tax abatements in the Town of Auburn

194th Legislature (2025-2026) Introduced by Paul Frost and 1 co-sponsor

Bill HD 5341 raises property tax exemptions for small owners in Auburn, increasing the threshold from $10,000 to $25,000, boosting local economic growth and support.

0
WeVote Research Nonpartisan
Bill Summary · HD 5341

Summary of Bill HD 5341: An Act Relative to Expanded Small Property Tax Abatements in the Town of Auburn

Purpose and Intent

Bill HD 5341 aims to enhance the small property tax abatement program in the Town of Auburn, Massachusetts. The legislation seeks to provide greater financial relief to small property owners and businesses by adjusting the criteria for tax exemptions, thereby promoting economic growth and supporting local businesses.

Key Provisions

The bill includes several significant changes to the existing property tax abatement framework:

  1. Adjustment of Exemption Amounts:

    • The bill proposes to increase the exemption threshold for real property under section 5I of chapter 59:
      • The current exemption amount will rise from $10,000 to $25,000.
      • The limit on the assessed value of property eligible for exemption will increase from $1 million to $5 million.
  2. Exemptions for Commercial Properties:

    • The Select Board of Auburn will have the authority to grant exemptions for parcels with multiple commercial occupants, provided that at least 50% of the occupants are classified as eligible businesses.
  3. Severability Clause:

    • The bill contains a severability provision, ensuring that if any part of the legislation is deemed unconstitutional or invalid, the remaining provisions will still remain in effect.
  4. Effective Date:

    • The act will take effect immediately upon its passage.

Impact

  • Who Will Be Affected:

    • Small property owners and businesses in Auburn will benefit from the increased tax exemptions, potentially leading to reduced tax burdens.
    • Commercial property owners with multiple tenants may also find relief if a significant portion of their occupants qualifies as eligible businesses.
  • Economic Implications:

    • By expanding the tax abatement program, the bill aims to stimulate local economic activity, support small businesses, and enhance the overall financial stability of the community.

Procedural Aspects

  • Introduced: November 14, 2025
  • Presented By: Paul K. Frost and Michael O. Moore
  • Current Status: Proposed bill, pending further legislative action.

This summary provides an overview of Bill HD 5341, highlighting its purpose, key provisions, and potential impact on the Town of Auburn's property tax landscape.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.