Establishes an additional real property tax exemption for the primary residence of veterans with a one hundred percent service connected disability.
The bill amends the real property tax law to establish an additional real property tax exemption for the primary residence of veterans with a one hundred percent service connected disability. This exemption applies to veterans who were discharged or released under honorable conditions, have a qualifying condition, or are considered permanently and totally disabled as a result of military service. The exemption takes effect immediately and applies to assessment rolls prepared based on taxable status dates occurring on and after October 1, 2026.
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