Expands eligibility for disabled veteran homestead tax credit and includes retroactive applicability.

This bill expands eligibility for the disabled veteran homestead tax credit by creating two additional categories of disabled veterans who qualify. It phases in these categories over several years based on the individual's permanent service-connected disability rating. The bill also modifies the appropriation to the homestead credit fund by disability rating percentage. It takes effect upon enactment and applies retroactively to homestead credit claims filed on or after January 1, 2025.

Expands eligibility for disabled veteran homestead tax credit and includes retroactive applicability.

This bill expands eligibility for the disabled veteran homestead tax credit by creating two additional categories of disabled veterans who qualify. It phases in these categories over several years based on the individual's permanent service-connected disability rating. The bill also modifies the appropriation to the homestead credit fund by disability rating percentage. It takes effect upon enactment and applies retroactively to homestead credit claims filed on or after January 1, 2025.