The bill amends Section 44-3-4 of the General Laws in Chapter 44-3, focusing on property tax exemptions for veterans. It repeals the existing Tiverton tax credit for totally disabled veterans on their real or personal property and establishes a new minimum tax credit of four hundred dollars ($400) for qualified veterans. This new credit is also extended to include the unmarried widow or widower of such veterans.

The bill clarifies that the tax credit shall be applied to the qualified veterans' property assessment tax bill. It takes effect upon passage.

Statutes affected:
8026: 44-3-4
8026  SUB A: 44-3-4