The bill titled "An Act tax exemption for Veteran Organizations" proposes an amendment to Section 6 of chapter 64H of the General Laws of Massachusetts. The amendment seeks to include a tax exemption for veterans' organizations that are recognized as tax-exempt under section 501(c)(19) of the Federal Internal Revenue Code. This addition aims to provide financial relief to organizations that support veterans, thereby enhancing their ability to serve the community.

The specific legal language being inserted into the current law is the phrase "or to a veterans' organization that is exempt from taxation under section 501(c)(19) of the Federal Internal Revenue Code, as amended, and in effect for the applicable period," which will follow the word "period" in line 24 of the existing statute. This change reflects a commitment to supporting veteran organizations by ensuring they are not burdened by state taxes, thus allowing them to focus more resources on their missions.

Statutes affected:
Bill Text: 64H-6