SECTION 1. Chapter 59, Section 5K of the General Laws is hereby amended by striking the value of “$1,500” in line 13 and replacing with “$2,000.”
SECTION 2. Notwithstanding any General Law to the contrary, any municipality with local approval may increase property tax exemptions listed in Chapter 59, Section 5, Clause 41B and 41C by not more than fifty percent.
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