ACR111

Proposed constitutional amendment to exempt 50% of assessed value of primary residence for police officers and firefighters injured on duty.

The bill proposes a constitutional amendment to provide a property tax exemption of 50 percent of the assessed value for the primary residence of police officers and firefighters who suffer a line of duty injury that qualifies for an accidental disability pension. The exemption cannot reduce the property taxes by more than $6,500 in the first tax year, with annual increases based on the Consumer Price Index. The State would reimburse municipalities for the exemption amount, and municipalities would reimburse counties, school districts, or other local entities.