AK SB183

Amends Alaska law to allow municipalities to grant real property tax exemptions to widows or widowers of persons killed in U.S. military service, subject to voter approval by ordinance.

Exempts the first $150,000 of assessed value on primary residences for eligible widows or widowers, with municipalities able to extend exemption beyond $150,000 in cases of hardship.

Expands existing exemptions previously limited to widows or widowers age 60 or older to include those under 60 whose spouse was a disabled veteran or killed in military service.

Only one exemption may be granted per property, with multiple eligible parties required to decide among themselves who receives the exemption benefit.

Makes the amendment retroactive to January 1, 2012, and takes effect immediately upon enactment.