CA AB3209

Expands disabled veterans' property tax exemption to include unmarried surviving spouses of deceased veterans beginning with the 2019–20 fiscal year.

Provides full exemption of principal residence value (instead of capped amounts) for totally disabled veterans and unmarried surviving spouses starting 2019–20 fiscal year.

Maintains current exemption structure through 2018–19 fiscal year: $100,000 exemption ($150,000 if household income does not exceed $40,000, adjusted for inflation).

Eliminates state reimbursement to local agencies for property tax revenues lost due to this exemption, with no appropriation made.

Takes effect immediately as a tax levy.