AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION -- VETERANS' EXEMPTIONS -- TOWN OF EXETER

Summary

The bill amends Rhode Island’s veterans’ property tax exemption schedule to provide a $5,000 exemption for qualifying veterans (and their unmarried widows or widowers) who reside in the town of Exeter. It also restates how the exemption can be applied to a veteran’s real and personal property across municipalities and outlines the residency and documentation requirements. The change brings Exeter’s exemption in line with the varied amounts set for other towns.

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