Bill > H3131

This bill modifies the existing property tax exemption requirements for veterans in Massachusetts by reducing the required consecutive years of residency from 5 years to 1 year. Specifically, the bill amends Clause Twenty-second H of section 5 of chapter 59 of the General Laws, which governs property tax exemptions for veterans. By lowering the residency requirement from 5 consecutive years to just 1 year, the legislation aims to make property tax exemptions more accessible to veterans who have recently moved to the Commonwealth. This change could potentially encourage more veterans to establish residence in Massachusetts by reducing the time they must live in the state before qualifying for the property tax benefit, thus supporting the bill's goal of incentivizing veterans to reside in the state.

Budget and Finance

https://malegislature.gov/Bills/194/H3131