The bill amends Section 44-3-4 of the General Laws in Chapter 44-3, focusing on property tax exemptions for veterans of the military or naval service of the United States. It introduces a new section titled "Veterans exemptions," which establishes an exemption amount of $5,000 for any veteran who is determined by the Veterans Administration of the United States to be totally disabled through a service-connected disability, specifically in the town of Exeter. This exemption will commence with the December 31, 2026 assessment.

The bill clarifies that the remarriage of a veteran's widow or widower does not disqualify them from receiving benefits under this section if the remarriage is void or has been annulled. The act is set to take effect upon passage.

Statutes affected:
8295: 44-3-4