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IN HB1337
Bill
Status
1/13/2015
Primary Sponsor
Charles Moseley
Click for details
AI Summary
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County fiscal bodies may adopt ordinances to extend property tax deductions from World War I veterans to veterans of World War II, the Korean Conflict, and the Vietnam Conflict, effective for assessment dates after December 31, 2015.
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County fiscal bodies may adopt ordinances to provide property tax deductions to surviving spouses of World War II veterans and veterans of the Korean Conflict or Vietnam Conflict, equivalent to the current deduction for surviving spouses of World War I veterans.
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Properties remain subject to deductions following ordinance repeal as long as the owner and property otherwise qualify, preventing loss of benefits for existing recipients.
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Veterans and surviving spouses may receive multiple property tax deductions based on their veteran or surviving spouse status, in addition to other deductions they are entitled to by law.
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All amendments apply to assessment dates after December 31, 2015, with the provision expiring January 1, 2018.
Legislative Description
Veterans deductions. Authorizes the fiscal body of a county to adopt an ordinance to make the property tax deduction available under current law to World War I veterans available instead to veterans of World War II and veterans who served in the Korean Conflict or in the Vietnam Conflict. Authorizes the fiscal body of a county to adopt an ordinance to provide a property tax deduction to the surviving spouses of veterans of World War II and to the surviving spouses of veterans who served in the Korean Conflict or in the Vietnam Conflict that is equivalent to the current
Last Action
First Reading: referred to Committee on Ways and Means
1/13/2015