HB421 Summary

• Exempts permanently and totally disabled veterans with service-connected disabilities from all ad valorem taxes, except school district taxes, if they are Alabama permanent residents on January 1 of the tax year.

• Extends the tax exemption to surviving spouses of disabled veterans if they hold legal or beneficial title to the homestead, permanently reside there, and do not remarry.

• Allows surviving spouses of veterans who died from service-connected causes while on active duty to claim the exemption if the veteran was an Alabama permanent resident when they died.

• Permits surviving spouses to transfer exemptions to new residences upon sale of property, provided the new property serves as their primary residence and they do not remarry.

• Becomes operative for all tax years beginning on and after October 1, 2012.