Introduced by Representatives Adams of Hartland and Krawczyk of Bennington
Subject: Taxation; property tax; exemption for family of armed forces member killed on active duty
Statement of purpose: This bill proposes to create a property tax exemption for the immediate family of an armed forces member killed on active duty.
AN ACT RELATING TO PROPERTY TAX EXEMPTION FOR FAMILY OF ARMED FORCES MEMBER KILLED ON ACTIVE DUTY
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 32 V.S.A. § 3802(17) is added to read:
(17) Real property occupied as the primary residence of and owned in fee simple by a member of the United States armed forces or national guard who was killed on active duty or occupied as the primary residence of and owned in fee simple by the following: such member’s surviving spouse, or if no spouse survives, any of such member’s surviving children, or if no children survive, either of such member’s surviving parents. This exemption shall remain in effect for one full property tax year during which the member’s death occurs. Any municipal property tax from which property is exempted under this subdivision shall be reimbursed by payment to the town from the general fund at the close of the town’s fiscal year.
The Vermont General Assembly
115 State Street