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MA S1934

MA S1934
Granting property tax exemptions to disabled veterans


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to grant property tax exemptions to disabled veterans. Revenue.

AI Summary

This bill proposes to grant property tax exemptions to disabled veterans in Massachusetts. The key provisions include: - Providing a property tax exemption for real estate owned by disabled veterans aged 65 or older, and their spouses, based on the percentage of the veteran's permanent, service-connected disability as determined by the U.S. Department of Veterans Affairs. - Requiring the veteran to be a legal resident of Massachusetts, with an honorable discharge, and have been domiciled in the state for at least 6 months prior to entering service or 2 consecutive years prior to applying for the exemption. - Limiting the exemption to the portion of the property occupied as the veteran's domicile. - Allowing the exemption to continue benefiting the surviving spouse after the veteran's death, as long as the spouse remains an owner and occupant of the domicile. - Specifying that the state treasury will reimburse the city or town for the amount of tax revenue lost due to this exemption.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Accompanied a study order, see H5248 (on 10/03/2022)

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