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Bill > H2692

MA H2692

MA H2692
Relative to increasing disability ratings for veterans

summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

Relative to increasing property tax exemptions for disabled veterans. Revenue.

AI Summary

This bill aims to increase property tax exemptions for disabled veterans in Massachusetts. It amends the existing law to establish an incremental exemption scale based on the veteran's disability rating, providing a minimum of $400 for a 10% disability rating and up to $1,000 for a 100% disability rating. The bill also directs the Department of Revenue, in collaboration with the Commissioner of Veterans' Affairs, to issue the incremental exemption scale and any necessary rules or regulations by January 1, 2025.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a new draft, see H4162 (on 11/06/2023)

Bill Topics

Defense
  • ‐ Veterans Affairs
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform
(3 Companion Bills)

bill text

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Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/193/H2692 03/15/2023
BillText https://malegislature.gov/Bills/193/H2692.pdf 03/15/2023
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