Passed 1st Reading
Summary
The bill keeps the existing $45,000 exemption on the appraised value of a disabled veteran's primary home and creates a "hold harmless" fund that reimburses local governments for the resulting loss in property tax revenue. It also allocates $100,000 for the Department of Revenue to cover the cost of administering the reimbursement. The measure has cleared the House and is pending further legislative action.
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