Tax Relief for Gold Star FamiliesJune 2, 2017
The state House of Representatives overwhelmingly approved An Act Concerning A Municipal Option Property Tax Exemption For Gold Star Parents And Spouses. The legislation allows municipalities to provide a property tax exemption to a parent or surviving spouse of a service member killed in action while performing active military duty.
Cities and towns may exempt up to $20,000 or 10% of the property's assessed value for Gold Star families...it is a voluntary program, not a mandate.
The bill was already approved by the Senate so it heads to the Governor’s desk for his signature.