A bill for an act relating to the disabled veteran homestead tax credit and including effective date and retroactive applicability provisions.

Summary

The bill adds new categories of disabled veterans and former National Guard members who can receive a homestead tax credit based on their service‑connected disability rating. The credit amount is the greater of the standard credit or a percentage of the full tax levy equal to the veteran’s rating, with thresholds of 70% in 2027, 40% in 2028, and 10% from 2029 onward. It also lets the credit continue to a surviving spouse or child and bars recipients from other veteran property tax exemptions.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share