Amendment #11 to S2509

Indexing property tax abatements for veterans

Mr. Kaufman of Lexington moves to amend the bill by inserting after section 8, the following section:

“SECTION 8X. Said section 5 of said chapter 59, as so appearing,  is hereby amended by inserting after clause Twenty-second G the following clause:- Twenty-second H, The exemptions, abatements, amounts of the exemptions and abatements borne by a city or town and reimbursement limits set forth in clauses Twenty-second, Twenty-second A, Twenty-second B, Twenty-second C, Twenty-second E and Twenty-second F shall be increased annually by an amount equal to the increase in the Consumer Price Index published by the United States Department of Labor, Bureau of Labor Statistics, for such year. The department of revenue shall annually inform each city or town of the amount of this increase.”