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Committee advances reimbursement bill for towns bearing veterans property-tax exemption costs after lengthy debate
Summary
HB5407, offering state reimbursement to towns for revenue lost from a property-tax exemption for veterans with a 100% permanent and total disability rating, was advanced to the floor after members debated municipal burdens, statewide affordability, and philosophical objections.
The Veterans and Military Affairs Committee voted to send HB5407 to the House floor after a sustained debate about whether the state should reimburse municipalities for revenue lost because of a property-tax exemption for veterans who have a 100% permanent and total disability rating.
Supporters argued the reimbursement would prevent towns from bearing the full…
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