Boston Mayor Proposes Shift in Property Tax

Boston Mayor Michelle Wu's proposal to shift more property tax burden onto commercial real estate has advanced through the Legislature’s Committee on Revenue, aiming to prevent significant tax increases for homeowners. The bill faces a tight timeline to gain approval from the House Ways and Means Committee and the full legislature before formal sessions conclude on July 31. Meanwhile, Pennsylvania's Governor Josh Shapiro has announced an extension for applications to the Property Tax/Rent Rebate program, increasing the maximum rebate for eligible seniors and disabled residents to $1,000. In New Hanover County, property tax bills are being mailed and are due by September 1, 2024, with payment deadlines extended to January 6, 2025, to avoid interest. Similarly, Mecklenburg County will send out tax bills by July 31, 2024, with payments also due by September 1, 2024, and interest accruing on late payments. Both counties offer various payment methods for taxpayers, including online and in-person options.