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Council backs doubling of disabled-veteran tax exemptions and annual COLA under HERO Act
3604978 · May 28, 2025
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Summary
The council moved to adopt state-authorized increases that would double local disabled-veteran property tax exemptions and add an annual cost-of-living adjustment; city staff estimated roughly 250–260 veterans will benefit in FY26.
The Lynn City Council on May 27 voted to accept provisions of the state HERO Act that allow municipalities to increase property tax exemptions for disabled veterans and to add an annual cost-of-living adjustment to those exemptions.
City officials said the changes would double existing exemption amounts and add an annual COLA tied to…
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