The bill amends Section 44-3-4 of the General Laws in Chapter 44-3, which addresses property tax exemptions for veterans. It introduces new legal language that authorizes municipalities to adopt by local ordinance a veterans' property tax exemption for any veteran of the United States armed forces who was honorably discharged or discharged under conditions other than dishonorable, regardless of their dates or periods of service.

The bill does not establish a standard exemption amount but allows municipalities to set their own exemption limits through local ordinances. It maintains existing provisions for additional exemptions for veterans who are partially or totally disabled due to service-connected disabilities, allowing for a $10,000 exemption from local taxation on real property. The act is set to take effect upon passage, enabling municipalities to implement these changes promptly to provide financial support for veterans and their families through property tax exemptions.

Statutes affected:
7084: 44-3-4