The bill amends Section 44-3-4 of the General Laws in Chapter 44-3, focusing on property tax exemptions for veterans and their families. It repeals the Tiverton tax credit for totally disabled veterans on their real or personal property and introduces a new provision that extends the tax exemption to include the unmarried widow or widower of such veterans. The minimum tax benefit for this exemption is set at $200.

The bill clarifies that veterans with service-connected disabilities classified as totally disabled can receive a $10,000 exemption, which also extends to their unmarried widows or widowers, regardless of their remarriage status if the marriage is void or annulled. Additionally, it maintains existing provisions for tax exemptions for veterans who served in various military conflicts, including World War I, World War II, the Korean conflict, and the Vietnam conflict, with local town councils permitted to set higher limits for these exemptions.

Local town councils are also empowered to establish specific exemptions and tax credits based on local ordinances. The act is designed to enhance financial support for veterans and their families through these property tax exemptions and is set to take effect upon passage.

Statutes affected:
8026: 44-3-4