California AB2022 provides a property tax exemption for disabled veteran homeowners to reduce homelessness.

California AB2022 amends the Revenue and Taxation Code to create a property tax exemption for 100 percent disabled veteran homeowners, aiming to reduce homelessness. The exemption applies to veterans who are blind in both eyes, have lost the use of two or more limbs, or are totally disabled due to military service. For those with household incomes under $83,474, the full property value is exempt. For higher incomes, the exemption applies to properties under $371,778. The exemption is also available to unmarried surviving spouses of deceased veterans under certain conditions.

California AB2022 provides a property tax exemption for disabled veteran homeowners to reduce homelessness.

California AB2022 amends the Revenue and Taxation Code to create a property tax exemption for 100 percent disabled veteran homeowners, aiming to reduce homelessness. The exemption applies to veterans who are blind in both eyes, have lost the use of two or more limbs, or are totally disabled due to military service. For those with household incomes under $83,474, the full property value is exempt. For higher incomes, the exemption applies to properties under $371,778. The exemption is also available to unmarried surviving spouses of deceased veterans under certain conditions.