Bill > S1932

This bill increases the property tax exemption for qualifying veterans who volunteer their service from $1,500 to $2,000. Specifically, the legislation modifies Section 5N of Chapter 59 of the Massachusetts General Laws by raising the current property tax benefit threshold for veterans who have performed volunteer service. The bill makes this change in two places within the existing law, effectively increasing the monetary value of the tax exemption by $500. This change aims to provide additional financial relief to veterans who have contributed their time and service to their community, recognizing their contributions by offering a slightly higher property tax benefit. The modification appears to be a straightforward adjustment to existing tax law that provides a modest increase in financial support for veteran volunteers.

Budget and Finance

https://malegislature.gov/Bills/194/S1932