Vote Smart's Synopsis:

Vote to pass a bill that exempts totally disabled veteran homeowners from property taxes in California.

Highlights:

• Exempts from taxation 50% of the value of property that is the primary residence of a veteran and/or their spouse if the veteran is 100% disabled (Sec. 1).

• Specifies that an unmarried surviving spouse of a qualified veteran who is deceased qualifies for this exemption (Sec. 1).

• Exempts 100% of the value of a qualified property if the household income of a disabled veteran or their unmarried surviving spouse is under $83,474, adjusted for each assessment year (Sec. 1).

• Requires certain documentation to be provided to the county assessor to receive the exemption and prohibits any other real property tax exemptions from being granted if receiving the exemption under this act (Sec. 1).

• Specifies that the exemption provided under this act is applicable for property tax lien dates between January 1, 2027 and January 1, 2032 (Sec. 1).

• Specifies that this act takes effect immediately upon passage (Sec. 5).

Full Bill Text