ID H0134

Veterans with a 100% service-connected disability or individual unemployability rating receive a $1,500 special property tax or occupancy tax reduction on their homestead, effective for tax year 2021 and thereafter.

Combined tax reductions under this section and section 63-705 cannot exceed the veteran's actual property taxes or occupancy taxes owed.

Once approved, veterans continue receiving the benefit in subsequent years unless their qualifying circumstances change, requiring notification to the state tax commission by October 1.

Surviving spouses of deceased qualified veterans may continue receiving the special tax reduction until remarriage, death, or loss of homestead property tax liability.

Qualified veterans who change their homestead after April 15 may transfer the tax reduction benefit to a new qualifying property if they notify the state tax commission before October 1.