Bill > H2500

This bill aims to provide a property tax exemption for certain paraplegic veterans, meaning veterans who are paralyzed, by amending existing Massachusetts General Laws. Specifically, it repeals an outdated section of law related to tax exemptions and then modifies another section to create a new exemption under "Clause Twenty-second F" for real estate owned and occupied by paraplegic veterans who are legal residents of the Commonwealth and meet specific service and residency requirements. This exemption can continue for a surviving spouse as long as they remain the owner and occupant. The bill also adjusts language in other sections to include this new exemption and clarifies application deadlines for various tax exemptions. Additionally, it introduces a provision allowing cities and towns to accept an additional exemption for taxpayers who qualify for certain other exemptions but are prohibited from receiving multiple exemptions on the same property, with limitations to ensure no taxpayer pays less than the previous year and that the taxable valuation doesn't drop too low.