CA SB1104

Exempts the principal place of residence (including manufactured homes) of qualified veterans age 65 or older from annual property tax inflation adjustments for assessment years beginning January 1, 2017 or later.

Qualified veterans must be honorably discharged, meet constitutional criteria for veteran status, and have annual income below $50,000 (single) or $100,000 (married).

Expands the disabled veteran property tax exemption to cover the full value of a principal residence (instead of capped amounts of $100,000 or $150,000) effective with the 2017-18 fiscal year lien date.

Requires claimants to provide affidavits and information to assessors to prove qualified veteran status.

Specifies the state shall not reimburse local agencies for property tax revenue losses resulting from these exemptions.