Introduced by Representatives Donahue of Northfield, French of Randolph, Atkins of Winooski, Cross of Winooski, Grad of Moretown, Helm of Castleton, McLaughlin of Royalton and Trombley of Grand Isle
Subject: Taxation; property tax; veterans’ exemption; increase to $20,000.00
Statement of purpose: This bill proposes to increase the veterans’ property tax exemption to $20,000.00.
AN ACT RELATING TO VETERANS’ PROPERTY TAX EXEMPTION
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 32 V.S.A. § 3802(11) is amended to read:
and personal property to the extent of
$10,000.00 $20,000.00 of
appraisal value except any part used for business or rental, occupied as the
established residence of and owned in fee simple by a veteran of any war or a
veteran who has received an American Expeditionary Medal, his or her spouse,
widow, widower, or child, or jointly by any combination of them, if one
or more of them are receiving disability compensation for at least 50 percent
disability, death compensation, dependence and indemnity compensation, or
pension for disability paid through any military department or the veterans
veterans’ administration if, before May 1 of each year, there is filed
with the listers:
(i) a written application therefor; and
(ii) a written statement from the military department or the veterans administration showing that the compensation or pension is being paid. Only one exemption may be allowed on a property.
(B) The terms used in this subdivision shall have the same definitions as in Title 38, U.S. Code § 101, except that:
(i) the definitions shall apply as if federal law recognized a civil union in the same manner as Vermont law;
(ii) such definitions shall not be construed to deny eligibility for exemption in the case where such exemption is based on retirement for disability and retirement pay is received from a federal agency other than the veterans administration; and
(iii) the age and marital status limits in section 101(4)(A) shall not apply.
An unremarried widow or widower
of a previously qualified veteran shall be entitled to the exemption provided
in this subdivision whether or not he or she is receiving government
compensation or pension.
By majority vote of those present and voting at an
annual or special meeting warned for the purpose, a town may increase the
veterans’ exemption under this subsection to up to $20,000.00 of appraisal
value. Any increase in exemption shall take effect for the taxable year in
which it was voted, and shall remain in effect for future taxable years until
amended or repealed by a similar vote.
The Vermont General Assembly
115 State Street