Boston’s commercial landlords can thank the Massachusetts State Senate for saving them from a bigger tax bill.
Mayor Michelle Wu’s proposal to temporarily raise commercial property taxes failed to move forward with the state legislature this week, Bloomberg reported. Senate president Karen Spilka declined to bring the bill up for debate, effectively killing the proposal. It did skate through the state’s House of Representatives twice, only to stall in the Senate.
“I have heard clearly that there currently is not sufficient support for this proposal,” Spilka stated…