Bill Title: Amends the Property Tax Code. In a Section concerning the disabled veterans standard homestead exemption, provides that, for taxable years 2015 and thereafter: (i) if the veteran has a service connected disability of 30% or more but less than 50%, the annual exemption is $2,500; (ii) if the veteran has a service connected disability of 50% or more but less than 70%, the annual exemption is $5,000; and (iii) if the veteran has a service connected disability of 70% or more, then the property is exempt from taxation. Effective immediately.

Sponsorship: Moderate Partisan Bill (Democrat 36-5)

Status: (Introduced - Dead) 2015-05-19 - Added Co-Sponsor Rep. Reginald Phillips [HB0159 Detail]

Text: Latest bill text (Introduced) [HTML]

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