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Bill > H4029


MA H4029

MA H4029
Relative to tax abatements for disabled veterans


summary

Introduced
02/29/2016
In Committee
02/29/2016
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

Relative to tax abatements for disabled veterans

AI Summary

This bill amends Massachusetts General Laws Chapter 59, Section 5, which deals with property tax exemptions. Specifically, it adds a new clause, "Twenty-second G," to allow disabled veterans, or their surviving spouses, to continue receiving property tax abatements or exemptions on their primary residence even if ownership is transferred to a trust or conservatorship, or conveyed through other legal instruments to a spouse or surviving spouse. This provision ensures that the tax relief remains equivalent to what would have been available if the veteran still owned the property directly, and it can be retained until the death of the veteran or their surviving spouse, as long as they continue to reside in the property. This change aims to provide continued tax relief for disabled veterans and their families who may need to utilize legal instruments for property management.

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Joint Committee on Revenue (Joint)

Last Action

Read second and ordered to a third reading (on 03/24/2016)

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