| | | Sec. 5. 36 MRSA §653, sub-§1, ¶K, as amended by PL 1975, c. 550, §4, | | is repealed. |
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| | | This bill amends the law governing property tax exemptions | | for veterans by changing the amount to a fixed rate of $10,000 | | and to eliminate just value as a basis for arriving at the | | amount of the exemption. Under this bill, the estates of | | veterans will be exempt from property tax up to the value of | | $10,000. |
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