Tax Relief for Gold Star Families

June 3, 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.