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Select Board asks assessors for cost analysis of HERO Act real-estate exemption
Summary
Public comment and a Select Board discussion on Jan. 7 prompted the town assessor's office to research how Yarmouth might implement the Massachusetts HERO Act provision doubling veterans' property-tax exemptions and indexing them to inflation; assessors will report back with options and local cost estimates.
The Select Board asked the town's assessors on Wednesday to provide a cost and implementation analysis before deciding whether to put a HERO Act veterans'property-tax exemption on a future town meeting warrant.
Tom Sullivan, a public commenter, urged the board to consider the HERO Act, which expands property-tax exemptions and other benefits for veterans, including increasing real-estate exemptions for disabled veterans. "This is a major change to chapter 59 on real estate exemptions for disabled veterans," Sullivan said during public comment.
Town assessors said they would review…
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