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Veterans committee outlines plan to adopt HEROES Act real-estate exemption, urges individual donations for 2026 parade
Summary
Attorney Jim LaManna briefed the Veterans Committee on the state HEROES Act real-estate tax exemption for veterans; the committee said the mayor, assessor and CFO will recommend adoption in time for a July 1 effective date and the committee urged members to donate personally to the 2026 Veterans and First Responders parade.
At a Jan. 14 Veterans Committee meeting, attorney Jim LaManna told members the state HEROES Act allows municipalities to adopt a real-estate tax exemption for veterans and that Lynn’s financial team (mayor, assessor and CFO) is running estimates of the cost and will present a recommendation for council action in time for a potential July 1 effective date. LaManna said…
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