Amendment ID: S2817-14-R1

Redraft Amendment 14

Veteran Property Tax Abatement Study

Messrs. Tarr, Brownsberger, Timilty and O'Connor move that the proposed new text be amended by inserting after section 123 the following section:-

"SECTION 123A. The executive office of veterans’ services, in consultation with the department of revenue, shall study property tax abatements and exemptions for veterans and surviving spouses pursuant to chapter 59 of the General Laws. The study shall include, but not be limited to: (i) veteran property tax exemptions in other states; (ii) the utilization of a sliding scale based on the percentage of a veteran’s disability for the awarding of such exemption to veterans and spouses; (iii) determination of the relation of tax abatements and exemptions to United States Department of Veterans Affairs disability rating; (iv) the financial impact these tax exemptions have on veterans with disabilities; and (v) any anticipated monetary cost that the exemptions may cause. The office shall file a report of its findings and recommendations with the joint committee on veterans and federal affairs, the clerks of the senate and house of representatives and the senate and house committees on ways and means not later than December 31, 2024.”