During the January 7, 2025, meeting of the Loudon Board of Selectmen, a significant discussion emerged regarding the potential expansion of veteran tax credits in the town. The board is considering a proposal to increase the current tax credit for veterans, which is presently set at $500. This credit was originally designated for combat veterans but has since been extended to all veterans who have served more than 180 days.
Moe Sampson, a key figure in the initial establishment of the $500 credit, is expected to lead discussions at the upcoming town meeting. The board acknowledged the financial implications of this expansion, noting that the increase in eligible veterans has led to a notable rise in claims for the tax credit. Currently, there are approximately 303 veterans in Loudon, and the board is tasked with assessing the financial impact of the expanded eligibility on the town's budget.
The selectmen discussed the possibility of presenting the proposal as a petition warrant article or directly through the board, emphasizing the importance of community input. The sentiment among board members leans towards placing the decision directly before the voters at the town meeting.
In addition to the veteran tax credit discussion, the meeting outlined important upcoming dates for the community, including a public hearing on the budget and bond for a new fire truck scheduled for January 14, and a planning board meeting on January 16. The selectmen also reminded residents about the candidate filing period for open positions, which runs from January 22 to January 31.
As the board prepares for these discussions and decisions, the potential expansion of veteran tax credits stands out as a key issue that could significantly impact local veterans and the town's financial landscape. The community is encouraged to participate in the upcoming meetings to voice their opinions and stay informed on these important matters.