Relating to the provision of state aid to certain local governments disproportionately affected by the granting of ad valorem tax relief to disabled veterans.

Summary

The bill lets qualifying municipalities and counties adjacent to U.S. military installations receive a disabled‑veteran assistance payment from the state when the loss of ad valorem tax revenue equals at least 2% (or 10% for certain population‑size areas) of their general fund revenue. It targets localities disproportionately affected by tax relief granted to disabled veterans, ensuring the cost is shared statewide. The aid applies starting the fiscal year ending in 2025 and the law takes effect September 1, 2025.

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