Increases gross income tax deduction available to veterans from $6,000 to $9,000 and indexes deduction for inflation.

Summary

The bill lifts the personal exemption for honorably discharged veterans to $9,000, up from $6,000, and adds an automatic yearly adjustment based on the consumer‑price index. It reduces the taxable income of eligible veterans, giving them a larger tax break. The change takes effect for tax years beginning Jan. 1 2026, with inflation indexing starting in 2027.

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