California SB296 provides a property tax exemption for disabled veteran homeowners.

California SB296 adds a new section to the Revenue and Taxation Code, providing a property tax exemption for disabled veteran homeowners. The exemption applies to the principal residence of a veteran who is disabled due to military service and is confined to a hospital or care facility. The property must not be rented or leased to a third party. The exemption is for 50 percent of the property's full value, up to $1,000,000, for tax lien dates between January 1, 2027, and January 1, 2032.

California SB296 provides a property tax exemption for disabled veteran homeowners.

California SB296 adds a new section to the Revenue and Taxation Code, providing a property tax exemption for disabled veteran homeowners. The exemption applies to the principal residence of a veteran who is disabled due to military service and is confined to a hospital or care facility. The property must not be rented or leased to a third party. The exemption is for 50 percent of the property's full value, up to $1,000,000, for tax lien dates between January 1, 2027, and January 1, 2032.