Property Tax - Credit for Dwelling House of Disabled Veterans and Surviving Spouses - Revisions
In the House - Hearing 3/03 at 1:00 p.m.
Summary
The bill makes it mandatory for counties and municipalities to provide a tax credit on the dwelling‑house property tax for veterans who have a service‑connected disability of at least 20 % and earn $100,000 or less. The credit amount varies by disability rating (80 %, 40 % or 20 % of the tax) and can continue for a surviving spouse. It also sets application requirements and lets local bodies decide the credit’s duration and procedures.
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