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Bill > S2479


MA S2479

MA S2479
Relative to the veteran property tax exemption residency requirement


summary

Introduced
01/28/2016
In Committee
07/05/2016
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation relative to the veteran property tax exemption residency requirement. Revenue.

AI Summary

This bill proposes to amend Section 5 of Chapter 59 of the General Laws, which pertains to property taxes, specifically concerning the veteran property tax exemption. The key change is to reduce the residency requirement for this exemption from "five" years to "two" years, meaning a veteran would only need to have resided in the state for two years to qualify for the property tax exemption, rather than the previous five years. This change is related to revenue, as it could potentially increase the number of veterans eligible for this tax break.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see S2487 (on 09/12/2016)

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