Posted: | December 23, 2024 03:31 PM |
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From: | Representative Tarah Probst |
To: | All House members |
Subject: | Disabled Veterans Property Tax Exemption Bill |
After having served our nation with honor and distinction, many members of the United States armed forces community encounter unique and difficult circumstances when transitioning from military to civilian life. Currently, under the Disabled Veterans’ Real Estate Tax Exemption program, veterans who are classified as 100 percent disabled by the United States Veterans Administration (VA) are exempt from paying real estate taxes on their primary home, provided they meet other program requirements. However, veterans who are classified as 90 percent disabled and are impaired in their ability to earn a living are not eligible for an exemption. I will be introducing legislation that seeks to assist our veterans who gave so much in service to our country. This bill would expand the tax exemption program, matching the level of reduction to a veteran’s disability percentage, as determined by the VA. For example, if a veteran is classified as being 50 percent disabled, he or she would be entitled to a 50 percent reduction in real estate tax owed. This program is an excellent way to show appreciation to our veterans by providing much-needed financial relief. Please join me in recognizing and assisting all disabled veterans by expanding the program’s criteria. |