126th MAINE LEGISLATURE
LD 1696 LR 2407(01)
An Act To Extend the Veterans' Property Tax Exemption to Veterans Who Served in Iraq or Afghanistan
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Fowle of Vassalboro
Committee: Taxation
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Clarification of Eligibility for Property Tax Exemption
Fiscal Detail and Notes
At this time, any veteran who has served during Operation Enduring Freedom, Operation Iraqi Freedom and Operation New Dawn is considered a veteran of a federally recognized war period and is therefore already eligible for certain property tax exemptions. This bill specifically adds the 3 military campaigns mentioned above to language in current law that defines federally recognized war period. As these veterans were already eligible for certain property tax exemptions the bill will have no fiscal impact.