Property tax credits for veterans.

Introduced on 1/5/26

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Summary

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From the Legislature

Property tax credits for veterans. Increases the property tax deduction for a veteran who is totally disabled to an amount equal to 100% of the assessed value of the individual's real property (instead of $14,000). Expires property tax deductions for certain veterans, and, beginning with property taxes imposed for the 2026 assessment date and thereafter, instead provides a property tax liability credit against local property taxes for veterans who previously claimed a deduction. Includes a mechanism to establish an additional maximum property tax liability credit for a veteran who previously claimed a deduction.

Sponsors

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Calendar

Jan 14

1:30 PM

House Ways and Means Hearing