Proposes constitutional amendment to increase amount of veterans' property tax deduction from $250 to $2,500 over four years.

Summary

The resolution proposes a constitutional amendment that would increase the annual property‑tax deduction for honorably discharged veterans and their surviving spouses from the current $250 to $2,500, phased in over four years. The increase would apply to real and personal property taxes, including cooperative or mutual housing units, and would cancel any tax bill that is less than the deduction amount. It also outlines how the deduction is handled for residents of continuing‑care retirement communities.

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