TownOnline.com - West Roxbury & Roslindale Transcript - Opinion & Letters: "The House gave near final approval to and sent to the Senate a bill amending a current law which exempts personal property in a taxpayers' primary residence from a city or town's property tax. Under current law, all personal property, including furniture, electronic equipment, antiques, jewelry and works of art are not taxed as long as they are kept in the home, but a tax is imposed on any personal property which is on loan to a charitable organization. The bill would exempt the property on loan to the charity.
Supporters said this legislation was filed in response to several cases including one in which a generous person loaned a 19th century piano to a museum and was subsequently presented with a property tax bill based on the value of the piano because it was no longer in his home. They argued that charitable loans should be rewarded instead of penalized."
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