An Act relative to the establishment of a means tested senior citizen property tax exemption

HD 244 creates a property tax break for seniors in towns that adopt it. It exempts seniors aged 65+ (or joint applicants where one is 65+) who own and live in their home as their primary residence, meet income limits (based on Chapter 62 tax rules), and have lived in the town 10+ years. The exemption reduces property taxes by covering the amount above 10% of the applicant's income plus a prior year tax credit, but never by more than 50% of the tax bill. Towns must cap total exemptions at 0.5-1% of residential property tax revenue, and the benefit expires after 3 years unless renewed by the town.