Property Tax - Credit for Dwelling House of Disabled Veterans and Surviving Spouses - Alterations

Summary

The bill revises the eligibility rules for a local property‑tax credit that helps disabled veterans and their surviving spouses. It raises the federal adjusted gross income ceiling to $100,000 for individuals ($200,000 for joint filers) and lowers the disability rating needed for the 50 % credit from 75 % to 70 %, while still offering a 25 % credit for ratings of 50‑69 %. Local governments may also add extra eligibility criteria and set the credit’s duration.

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

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