AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION -- TAX EXEMPTIONS -- JAMESTOWN

SB 2328 grants the town of Jamestown the authority to offer property tax reductions to two specific groups: parents whose children died in military service and individuals who are legally blind. Under this bill, Jamestown can provide a tax dollar reduction of up to $5,000 for gold star parents and a separate credit for visually impaired residents, provided the town adopts an ordinance to do so. The legislation also updates statewide tax exemption rules for these groups in other municipalities, allowing various towns to set their own specific reduction amounts or credits. This change does not automatically apply the benefits but gives Jamestown the legal option to create a local program for these residents.