Updating disabled veterans tax exemption totals in Massachusetts.

The bill updates the tax exemption totals for disabled veterans in Massachusetts. It revises the exemption amounts for various categories of disabled veterans, including those with permanent and total disability, loss or permanent loss of use of limbs, and those receiving specially adapted housing assistance. The bill also specifies the conditions under which the exemption continues for surviving spouses and the circumstances under which the exemption may be revoked. The state treasurer is directed to reimburse local governments for the tax revenue lost due to these exemptions.

Updating disabled veterans tax exemption totals in Massachusetts.

The bill updates the tax exemption totals for disabled veterans in Massachusetts. It revises the exemption amounts for various categories of disabled veterans, including those with permanent and total disability, loss or permanent loss of use of limbs, and those receiving specially adapted housing assistance. The bill also specifies the conditions under which the exemption continues for surviving spouses and the circumstances under which the exemption may be revoked. The state treasurer is directed to reimburse local governments for the tax revenue lost due to these exemptions.