On behalf of the Greater Boston Chamber of Commerce, the Massachusetts Taxpayers Foundation, NAIOP Massachusetts, and the Boston Municipal Research Bureau, we write regarding H.4942, An Act relative to property tax classification in the city of Boston.

Our organizations want to extend our gratitude to both the House and Senate for the collaborative approach and sincere attempts to find a reasonable balance between significant tax increases for Boston homeowners and struggling businesses facing property devaluations and a permanent shift towards remote work flexibility. We appreciate how leadership in both branches sought to bring stakeholders together to have an honest exchange on policy options.