Budget Amendment ID: FY2015-S4-35

OTH 35

Veterans Tax Abatements

Messrs. Tarr, Hedlund, Ross and Humason moved that the proposed new text be amended moved that the bill be amended by inserting, after section__, the following new section:-

“SECTION__.  Section 5 of chapter 59 of the General Laws, as appearing in the 2012 Official Edition, is hereby amended by inserting after clause Twenty-second E the following clause:—

Twenty-second F. Real estate of soldiers and sailors and their spouses who are legal residents of the commonwealth who are veterans as defined in clause forty-three of section seven of chapter four, a disabled veteran may transfer or convey his residence or domicile, to which the disabled veteran has assigned the benefit of the tax abatement listed under said chapter 58 or this chapter to a trust or conservatorship or other legal instrument passing ownership to his spouse, such disabled veteran or his spouse shall be entitled to lawfully retain that formerly granted tax abatement to the residence or domicile until the death of the disabled veteran or his surviving spouse, providing that the aforementioned remain residing in said residence or domicile until their death. This clause shall take effect upon its acceptance by any city or town.”