H3221 — An Act updating disabled veterans tax exemption totals

Summary

An Act updating disabled veterans tax exemption totals

Bill Text

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This bill amends the exemptions for real estate taxes for veterans in Massachusetts, increasing exemption amounts and clarifying eligibility criteria for disability ratings.

• Section 22

  provided to the amount of two thousand dollars of assessed taxable valuation or the sum of $800, whichever would result in an abatement of the greater amount of actual taxes due. → provided that such real estate is occupied in whole or in part as his domicile by such person, and provided, further that if the spouse of the soldier or sailor is also a soldier or sailor each shall receive the amount of exemption provided in this clause to the same extent as if unmarried, to the amount of four thousand dollars of assessed taxable valuation or the sum of $1500, whichever would result in an abatement of the greater amount of actual taxes due.

  This change increases the exemption for veterans' real estate taxes.

• Section 22A

  to the amount of four thousand dollars of the taxable valuation of real property or the sum of $1500 whichever would result in an abatement of the greater amount. → to the amount of eight thousand dollars of the taxable valuation of real property or the sum of 2,5000, whichever would result in an abatement of the greater amount.

  This change increases the exemption limit for veterans with more severe disabilities.

• Section 22B

  to the amount of eight thousand dollars of the taxable valuation of real property or the sum of 2,5000, whichever would result in an abatement of the greater amount of actual taxes due. → to the amount of ten thousand dollars of the taxable valuation of real property or the sum of $3,000, whichever would result in an abatement of the greater amount of actual taxes due.

  This change raises the exemption for veterans with total disabilities.

• Section 22C

  to the amount of ten thousand dollars of the taxable valuation of real property or the sum of $3,000, whichever would result in an abatement of the greater amount of actual taxes due. → to the amount of twelve thousand dollars of the taxable valuation of real property or the sum of $4,000, whichever would result in an abatement of the greater amount of actual taxes due.

  This change further increases exemptions for veterans with severe disabilities.

• Section 22E

  to the amount of six thousand dollars of the taxable valuation of real property → to the amount of eight thousand dollars of the taxable valuation of real property

  This change increases the exemption for 100% disabled veterans.

Sponsors

• David Allen Robertson · Primary

Subjects