AB243: Establishes certain partial tax exemptions for surviving spouses of members of the Armed Forces of the United States who were killed in the line of duty. (BDR 32-163)

Legislative Summary

AN ACT relating to taxation; providing partial exemptions from the property and governmental services taxes for surviving spouses of members of the armed forces killed in the line of duty; establishing certain requirements for claiming the exemptions; requiring the maximum allowable amount of the exemptions be adjusted annually; authorizing an eligible surviving spouse to direct an amount equivalent to the exemptions to certain charitable gift accounts in lieu of claiming the exemptions; providing for the reduction of the property tax exemption in certain circumstances; providing penalties; and providing other matters properly relating thereto.