S.B. 236 Summary

• Exempts homesteads owned and occupied by disabled veterans (100% service-connected disability) from real property taxation, replacing previous reduction provisions.

• Defines "disabled veteran" as a person honorably discharged from U.S. armed forces or National Guard with total and permanent service-connected disability, certified by the U.S. Department of Veterans Affairs.

• Exemption applies to only one homestead per disabled veteran and is in lieu of other homestead tax reductions; surviving spouses may continue the exemption through death, remarriage, or loss of occupancy.

• Requires disabled veterans to submit applications to county auditors with certification from the U.S. Department of Veterans Affairs confirming total and permanent service-connected disability.

• Extends exemption provisions to manufactured and mobile homes owned and occupied by disabled veterans; amendments apply to tax year 2011 and thereafter.