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Keyword: hd3207

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  • Massachusetts bill would force nonprofit universities to pay their 'fair share'

    05/28/2021 9:32:15 AM PDT · by CheshireTheCat · 38 replies
    Campus Reform ^ | May 27, 2021 | Ben Zeisloft
    The Massachusetts state legislature is considering a bill that would allow local governments to "tax" nonprofit colleges and universities. The bill, HD3207, would allow cities to force traditionally tax-exempt organizations owning at least $15 million in property to pay PILOTs — payments in lieu of taxation — "equal to 25% of the amount that would be paid if the property were not exempt from taxation." Speaking to the Harvard Crimson in April, State Rep. Erika Uyterhoeven, the bill's sponsor and party member of the Democratic Socialists of America, said that the legislation was crafted to target universities. “Unfortunately, Harvard has...