The bill amends Section 44-3-4 of the General Laws in Chapter 44-3, focusing on property tax exemptions for veterans. It introduces new language that provides a full property tax exemption for a veteran's real property used as the veteran's primary residence. The bill removes the previous fixed $10,000 exemption and allows city or town councils to grant a full property exemption from local taxation for veterans deemed totally disabled due to service-connected disabilities.

The exemption applies specifically to real property occupied as the veteran's primary residence, and if the property is designed for occupancy by more than one family, only the value of the portion occupied by the veteran as their domicile shall be exempted. The act is set to take effect upon passage.

Statutes affected:
438: 44-3-4