HOMESTEAD EXEMPTION TO VETERANS WITH DISABILITIES

Session: 103rd General Assembly
Year: 2023
Bill #: HB0612
Category: Revenue
Position: No position
Mandate?
Revenue Loss?
Authority Preemption?

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Summary as Introduced

Amends the Cigarette Machine Operators' Occupation Tax Act. Makes a technical change in a Section concerning the short title.

Staff Analysis

Amends the Property Tax Code. In a Section granting a homestead exemption to veterans with disabilities, provides that property that is used as a qualified residence by a veteran who was a member of the United States Armed Forces during World War II is exempt from taxation regardless of the veteran's level of disability. Provides that a veteran who qualifies as a result of his or her service in World War II need not reapply for the exemption. Makes changes concerning service-connected disabilities. Makes changes concerning surviving spouses. Effective immediately.



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