Section 24. Notwithstanding any general or special law to the contrary, the authority and all its real and personal property shall be exempt from taxation and from betterments and special assessments; and the authority shall not be required to pay any tax, excise or assessment to or for the commonwealth or any of its political subdivisions; nor shall the authority be required to pay any fee or charge for any permit or license, nor any compliance fee, issued to it by the commonwealth, by any department, board or officer thereof, or by any political subdivision of the commonwealth, or by any department, board or officer of such political subdivision, or by any department; and, so far as constitutionally permissible, the authority shall be exempt from tolls for the use of highways, bridges and tunnels. Bonds and notes issued by the authority, their transfer and the income therefrom, including any profit made on the sale thereof, shall at all times be free from taxation within the commonwealth.
Notwithstanding section 168 of chapter 175 or any other general or special law to the contrary, the authority shall be exempt from any fees or taxes associated with surplus lines insurance; provided, however, that the exemption shall extend to any insurance broker for any insurance premium tax or surplus lines tax being incurred or having been incurred by the insurance broker as a result of the insurance having been procured, placed, negotiated, continued or renewed for or on behalf of the authority. Real property of the authority shall, if leased, used, or occupied in connection with a business conducted for profit shall, for the privilege of such lease, use or occupancy be valued, classified, assessed and taxed annually as of January 1 to the lessee, user, or occupant in the same manner and to the same extent as if such lessee, user, or occupant were the owner thereof in full. No tax assessed under this section shall be a lien upon the real estate with respect to which it is assessed; nor shall any tax be enforced by any sale or taking of such real estate; but the interest of any lessee therein may be sold or taken by the collector of the town in which the real estate lies for the nonpayment of such taxes in the manner provided by law for the sale or taking of real estate for nonpayment of annual taxes. Notwithstanding the previous sentence, such collector may utilize all other remedies provided by chapter 60 for the collection of annual taxes upon real estate and for the collection of taxes assessed under this section.
Structure Massachusetts General Laws
Part I - Administration of the Government
Chapter 161a - Massachusetts Bay Transportation Authority
Section 2 - Creation of Authority; Powers; Liability for Debts and Obligations; Service of Process
Section 3 - Additional Powers of Authority
Section 5 - Limitations, Conditions, Obligations and Duties of Authority
Section 5b - Disposal of Stolen, Lost or Abandoned Property
Section 6 - Ballot Question for Cities and Towns Regarding Issue of Joining Transportation Area
Section 7 - Board of Directors
Section 8 - Financial Assistance From Commonwealth
Section 9 - Financial Assistance From Cities and Towns
Section 10 - Financial Assistance From the Federal Government
Section 12 - Temporary Notes; Trust Agreements
Section 13 - Authorization for Authority to Issue Bonds; Purposes of Bonds
Section 14 - Bonds Secured by Trust Agreement Between Authority and Corporate Trustee
Section 15 - Bonds and Notes Issued by Authority; Securities
Section 16 - Rights of Holders of Bonds
Section 17 - Issuance of Interest Bearing or Discounted Notes; Bond Anticipation Notes
Section 18 - Insufficiency of Funds; Payments by Commonwealth
Section 19 - Stabilization Fund; Fare Stability Fund
Section 20 - Annual Itemized Budget; Supplementary Budget
Section 21 - Allocation of Annual Revenues in Excess of Expenses
Section 23 - Biennial Report by State Auditor
Section 24 - Exemption From Taxation
Section 25 - Directors; Authority to Bargain Collectively With Labor Organizations; Restrictions
Section 27 - Deceased Employees; Payment of Wages to Nominated Beneficiaries
Section 28 - Submission of Dispute Over Terms of Collective Bargaining Agreement to Arbitration
Section 29 - Mediation; Report; Selection of Arbitrator
Section 30 - Arbitrator; Requirements
Section 31 - Factors for Determining Arbitration Awards
Section 32 - Arbitration Awards; Written Opinions
Section 33 - Employee Deferred Compensation Program
Section 34 - Ira Plan; Employee Contributions
Section 37 - Proclamation of State of Emergency; Powers of Governor; Operation of Facilities
Section 38 - Liability; Board Supervision of Investigation, Settlement and Defense of All Claims
Section 40 - Electric Utility Services; Procurement
Section 41 - Electric Utility Business; Public Interest Factors
Section 42 - Notice of Violation of Public Smoking Law; Fine; Arrest
Section 43 - Liability Policy for Passenger Rail Services
Section 45 - Sale of Prepaid Monthly Transit Passes
Section 52 - Rights by Prescription or Adverse Possession in Lands Held in Name of the Authority