CA AB2254

Expands the disabled veteran property tax exemption to exempt the full value of the principal residence beginning with the 2019-20 fiscal year, instead of the current $100,000 limit ($150,000 for lower-income veterans).

Applies the full exemption to veterans who are blind in both eyes, have lost the use of two or more limbs, or are totally disabled from service-connected injuries or diseases.

Extends the full exemption to unmarried surviving spouses of eligible deceased veterans beginning with the 2019-20 fiscal year.

Specifies that the state shall not reimburse local agencies for property tax revenues lost due to this expanded exemption, effective immediately.

Takes effect immediately as a tax levy.