92nd General Assembly
Summary of SB1785
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Senate Sponsors:
BOWLES.

Short description: 
PROPERTY TAX-VETERAN EXEMPTION                                             

Synopsis of Bill as introduced:
        Amends the Property Tax Code. Provides that any real estate  that      
   is  owned  and  used by a veteran as homestead property is exempt from      
   taxation  if  (i)  the  veteran  was  honorably  discharged   with   a      
   service-connected  total and permanent disability and certain evidence      
   of this is provided and (ii) the veteran is a  permanent  resident  of      
   this  State  on  January  1 of the tax year for which the exemption is      
   being claimed.  A surviving spouse of  a  veteran  who  was  honorably      
   discharged  with a service-connected total and permanent disability is      
   eligible for the exemption if certain conditions  are  met.   Provides      
   that  any  real estate that is owned and used as homestead property by      
   the surviving spouse of a veteran is exempt from taxation if  (i)  the      
   veteran  died  from service-connected causes while on active duty as a      
   member of the United States Armed Forces and certain evidence of  this      
   is  provided,  (ii) the veteran was a permanent resident of this State      
   on January 1 of the year in which the veteran died, (iii) the property      
   was the homestead of the veteran and his or her  surviving  spouse  at      
   the  time  of  the  veteran's  death,  and  (iv)  the  spouse  has not      
   remarried.  Provides  that  a  person  is  not  allowed  to  claim  an      
   exemption   under  these  provisions  and  the  provisions  concerning      
   exemptions for veterans eligible for specially adapted housing in  the      
   same   taxable   year.  Amends  the  State  Mandates  Act  to  require      
   implementation without reimbursement. Effective immediately.                
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status