DE HB265

Grants full exemption from county property taxes and local school district taxes for veterans with 100% VA disability rating for service-connected permanent and total disability or individual unemployability.

Requires exempt property to be solely owned by the disabled veteran (or jointly with spouse) and occupied as the veteran's principal residence.

Establishes minimum domicile requirement of legal residency in Delaware for a period of time to be set by each county, with 12-month absence presumed as abandonment of domicile.

Requires claimants to submit written application with VA disability award letter and allows assessors to request renewal applications and proof of continued eligibility.

Effective on the first day of the county fiscal year following enactment; exemptions do not apply to municipal property taxes, ditch taxes, light taxes, sewer charges, or road charges.