ACR129

Increases veterans' property tax deduction from $250 to $2,500 over four years.

This constitutional amendment proposes to increase the annual property tax deduction for qualified veterans and their surviving spouses. The current deduction of $250 would rise to $1,000 in 2026, $1,500 in 2027, $2,000 in 2028, and $2,500 in 2029, remaining at $2,500 each year thereafter. The increase would apply to honorably discharged veterans and their surviving spouses. The amendment would be subject to voter approval at the next general election.