PROP TAX-EXEMPT DISABLED VETS
Synopsis of Bill as introduced:
Amends the Property Tax Code. Changes the exemption for disabled
veterans. The exemption now applies only to property up to an assessed
value of $58,000 owned and used exclusively as a home by a disabled
veteran found eligible for specially adapted housing by the federal
government or the spouse or unmarried surviving spouse of the veteran.
This amendatory Act provides that the exemption applies, for taxable
years 2002 and thereafter, to the first $58,000 in assessed value of
property owned and used exclusively by a disabled veteran, or the
spouse or unmarried surviving spouse of the veteran, as a home.
Provides that a disabled veteran is a person who served in the U.S.
Armed Forces and (i) who was found 100% disabled and eligible for
disabled veterans benefits or (ii) who was found disabled and eligible
for Social Security Disability or SSI benefits. Amends the State
Mandates Act to require implementation without reimbursement.
Last action on Bill: SESSION SINE DIE
Last action date: JAN-07-2003
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status