Bill > H3255

This bill modifies an existing property tax law related to veterans by increasing the maximum amount of property tax reduction that veterans can receive in exchange for volunteer services. Specifically, the bill changes the current $1,500 tax reduction limit to $2,000 in two places within Section 5N of Chapter 59 of the Massachusetts General Laws. This means that veterans who volunteer their time and services to their local community can now offset up to $2,000 of their property tax bill, an increase from the previous $1,500 limit. The change provides veterans with a slightly greater financial benefit for their community service and recognizes their contributions by offering an enhanced tax relief mechanism.

Budget and Finance

https://malegislature.gov/Bills/194/H3255