Bill > H3032

This bill proposes to increase the veteran property tax exemption amounts in Massachusetts. Specifically, it would raise the exemption for certain categories of veterans from $2,000 to $5,000, and increase the associated exemption amounts from $400 to $500, $225 to $325, $750 to $1,000, $575 to $825, $1,250 to $1,500, $1,075 to $1,325, $1,500 to $1,750, $1,325 to $1,575, $1,000 to $1,250, and $825 to $1,075. The bill also includes a provision to automatically increase the exemption amounts in relation to changes in the consumer price index, with any increases to be borne by the Commonwealth.

Budget and Finance

https://malegislature.gov/Bills/192/H3032