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Council sends HERO Act veterans tax-abatement study to finance committee

2560751 · January 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Malden City Council voted unanimously to send an order to the finance committee to meet with the city assessor to study adopting provisions of the HERO Act (M.G.L. c.178, §23, Acts of 2024) that would increase local flexibility for veterans property tax abatements and allow linking annual abatements to inflation.

The Malden City Council voted to adopt an order referring a request to the finance committee to meet with City Assessor Nate Kramer to study whether the city should accept provisions of the HERO Act (M.G.L. c.178, §23, Acts of…

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