Bill > H2460

This bill proposes to amend Chapter 59 of the General Laws by adding a new section that provides property tax abatements for veterans. Specifically, it defines "dependent" to include a veteran's spouse, child, or parent, with certain age and educational stipulations for children, and "dwelling unit" as any residential space. The bill allows local government officials, such as selectmen or mayors, to offer a $3,000 annual tax rebate to landlords who rent a dwelling unit to a veteran or their dependent at a rate that is $200 per month below fair market value, and the occupant may also qualify for energy assistance programs. Additionally, the bill permits these same local officials to grant a $400 property tax exemption for residential real estate owned by a veteran with a service-connected disability.