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Veterans' property-tax exemptions draw calls for state reimbursement and timing fixes
Summary
Lawmakers heard that municipal budgets are strained by the 100% permanently and totally disabled veteran property-tax exemption and that implementation timing (October 1 cutoff) can leave returning veterans unable to realize benefits for more than a year; witnesses urged state reimbursement and a 60-day application window for new arrivals.
Committee members heard emotional testimony about the municipal impacts of veteran property-tax exemptions and requests for state reimbursement and timing reforms.
Representative Tim Acker told the committee HB 5407 creates an administrative mechanism to reimburse towns for lost property-tax revenue resulting from a 100% permanent and total disability exemption and argued the state should make municipalities whole. "Our municipality should be made whole given this is a state mandate," Acker said, citing…
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