The bill titled "An Act updating the tax treatment of recreational lands in the town of Belmont" proposes significant changes to the taxation of recreational land in Belmont, Massachusetts. Specifically, it states that sections 2, 2A, and 16 of chapter 61B of the General Laws, which govern the valuation, assessment, and taxation of recreational land, will no longer apply in Belmont after July 1, 2025. Consequently, starting on that date, landowners in Belmont will not be permitted to submit applications for taxation at the recreational land rate, as outlined in sections 3, 5, or 6 of chapter 61B.

Despite these changes, the bill ensures that other provisions of chapter 61B, including those related to changes in land use, taxation upon conveyance, and roll-back taxes, will remain in effect for land that was previously assessed or taxed as recreational land in Belmont. This legislative update aims to clarify the tax treatment of recreational lands in the town and streamline the assessment process moving forward.