Mary Jane:
Many years ago we voted to raise the exemption to $20,000. I understand
that now on $10,000 of that the town will have to raise the loss school tax
through the local agreement rate. The question is do we have to re-vote the
raise from $10,000 to $20,000 or does that vote still stand?
Gary in Richford
----- Original Message -----
From: "Grace, Mary Jane" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Tuesday, January 09, 2007 1:51 PM
Subject: Re: Veterans Exemption
> Patti,
>
> Qualifying veterans' or survivors receive a $10,000 property tax
> exemption. 32 V.S.A. §3802(11). With the passage of Act 207, that amount
> can now be increased by a local vote to a maximum of $40,000. The
> previous limit was $20,000. As with other local agreements, the loss in
> school tax revenue that results from such a vote will need to be realized
> through the local agreement rate. 32 V.S.A. §5404a(d).
>
> To be eligible for the exemption, the veteran or the survivor must be
> receiving one of the benefits described below. The person seeking the
> exemption should provide a document from the Department of Veterans'
> Affairs (formerly Veterans' Administration) annually by May 1. Application
> for an exemption under this section based upon permanent disability is
> required only the first year for which the exemption is sought, and the
> exemption remains on the grand list until title to the property is
> transferred.
>
> Disability compensation for at least 50 percent disability. Disability
> compensation is monetary benefits and health care provided to veterans who
> are disabled by injury or disease incurred or aggravated during active
> military service. The veteran must have separated or been discharged under
> conditions that were other than dishonorable.
>
> Pension for disability paid through any military department or the VA.
> This is a benefit paid to wartime veterans with limited income, and who
> are permanently and totally disabled or age 65 or older. They must have a
> certain number of days of active military service, one day of which was
> during a recognized period of war. The discharge from service must be
> other than dishonorable.
>
> Dependency And Indemnity Compensation (DIC). DIC payments are made to
> surviving spouses, unmarried children under 18 and 23 if attending a
> VA-approved school, and low-income parents of certain service members or
> veterans. The service member or veteran must have died from: (1) a
> disease or injury incurred or aggravated while on active duty; or (2) an
> injury incurred or aggravated in line of duty while on inactive duty
> training; (3) a disability compensable by VA. Death cannot be the result
> of willful misconduct.
>
> Parents of service members or veterans receiving DIC are not eligible for
> the Vermont veteran's exemption.
>
> Death Pension. Surviving spouses and unmarried children of deceased
> veterans with wartime service may be eligible for a nonservice-connected
> pension based on need. Children must be under 18, or under 23 if attending
> a VA-approved school. Pension is not payable to those with estates large
> enough to provide maintenance.
>
> Contact me if you have questions.
>
>
> Mary Jane Grace
> Property Valuation and Review Division
> Department of Taxes
> Ph. 802-828-5863
>
>
>
>
> -----Original Message-----
> From: Vermont Municipal Government Discussion Network
> [mailto:[log in to unmask]] On Behalf Of Patti Lewis
> Sent: Tuesday, January 09, 2007 1:40 PM
> To: [log in to unmask]
> Subject: Veterans Exemption
>
> Can anyone tell me who qualifies for this exemption and how one becomes a
> qualified?
>
> Patti Lewis
> Town of Fayston
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