Rhode Island H7152 increases the minimum veterans' exemption from $1,000 to $6,000 for municipal taxes.
Rhode Island H7152 amends the General Laws to increase the minimum veterans' exemption from $1,000 to $6,000 for municipal taxes. This change applies to the property of veterans who served in various conflicts, including the war of the rebellion, the Spanish-American war, and World War I. The bill also allows certain municipalities to provide additional exemptions or tax credits by ordinance. The changes will take effect on January 1, 2027.
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