Amendment #21 to H4661

Veterans Tax Exemption

Mr. Parisella of Beverly moves to amend the bill by adding the following 12 sections:

SECTION X. Section 5 of chapter 59 of the General Laws, as appearing in the 2018 Official Edition, is hereby amended by striking out, in line 610, the figure “$400” and inserting in place thereof the following figure:- $500.

SECTION X. Section 5 of said chapter 59 of the General Laws, as so appearing, is further amended by striking out, in line 645, the figure “$400” and inserting in place thereof the following figure:- $500.

SECTION X. Section 5 of said chapter 59, as so appearing, is further amended by inserting, in line 675, after the word “balance,” the following words:- up to three thousand dollars of exemption or; and is further amended by striking out, in line 675, the figure “$225” and inserting in place thereof the following words:- $325, whichever basis is applicable.

SECTION X. Section 5 of said chapter 59, as so appearing, is further amended by striking out, in lines 697 and 703, the figure “$750” and inserting in place thereof, in each instance, the following figure:- $1,000.

SECTION X. Section 5 of said chapter 59, as so appearing is further amended by striking out, in line 724, the figure “$575” and inserting in place thereof the following figure:- $825.

SECTION X. Section 5 of chapter 59, as so appearing, is further amended by striking out, in lines 748 and 753, the figure “$1,250” and inserting in place thereof, in each instance, the following figure:- $1,500.

SECTION X. Section 5 of chapter 59, as so appearing, is further amended by striking out, in line 771, the figure “$1,075” and inserting in place thereof the following figure:- $1,325.

SECTION X. Section 5 of said chapter 59, as so appearing, is further amended by striking out, in lines 790 and 795, the figure “$1,500” and inserting in place thereof, in each instance, the following figure:- $1,750.

SECTION X. Section 5 of said chapter 59, as so appearing, is further amended by striking out, in line 813, the figure “$1,325” and inserting in place thereof the following figure:- $1,575.

SECTION X. Section 5 of said chapter 59, as so appearing, is further amended by striking out, in lines 856 and 861, the figure “$1,000” and inserting in place thereof, in each instance, the following figure:- $1,250.

SECTION X. Section 5 of said chapter 59, as so appearing, is further amended by striking out, in line 877, the figure “$825” and inserting in place thereof the following figure:- $1,075.

SECTION X. The exemption amount pursuant to clause Twenty-second, Twenty-second A, Twenty-second B, Twenty-second C, and Twenty-second E shall increase in relation to the percentage change in the most recent annual consumer price index calculated by the Bureau of Labor Statistics of the United States Department of Labor for the northeast region for all urban consumers and any increase in amount shall be borne by the commonwealth.