SB2253 Summary

• Starting in taxable year 2022, veterans with any service-connected disability receive a full property tax exemption on their primary residence, replacing the previous tiered exemption system based on disability percentage.

• Removes the annual reapplication requirement for veterans receiving the homestead exemption for disabilities, streamlining the process for eligible veterans.

• Changes subsection (b-3) to apply only through taxable year 2021, creating the transition to the new full exemption in subsection (b-4) for 2022 and thereafter.

• Maintains existing provisions allowing exemptions to continue for surviving spouses and for properties temporarily unoccupied or occupied by the veteran's spouse when the veteran resides in a nursing home or VA facility.

• Takes effect immediately upon becoming law.