Provides a real property tax exemption for active duty service members in jurisdictions offering a veterans exemption.

This bill amends the real property tax law to provide a tax exemption for property owned by active duty service members of the armed forces of the United States. The exemption applies in taxing jurisdictions that elect to offer a veterans exemption. The exemption is available to active duty service members, their spouses, and unremarried surviving spouses. The bill also outlines the process for transferring the exemption when the property is sold and purchased within the same county or city.

Provides a real property tax exemption for active duty service members in jurisdictions offering a veterans exemption.

This bill amends the real property tax law to provide a tax exemption for property owned by active duty service members of the armed forces of the United States. The exemption applies in taxing jurisdictions that elect to offer a veterans exemption. The exemption is available to active duty service members, their spouses, and unremarried surviving spouses. The bill also outlines the process for transferring the exemption when the property is sold and purchased within the same county or city.