S.B. No. 134 Summary

• Extends homestead property tax exemption to certain disabled veterans defined as those with a total disability rating or total disability rating for compensation based on individual unemployability from service-connected disabilities rated by the U.S. Department of Veterans Affairs.

• Disabled veterans who have received a total disability rating receive a reduction based on $50,000 of property value; those age 59+ or with 20+ years of service receive a reduction based on a percentage of current taxes up to a maximum based on $150,000 of property value.

• Requires disabled veterans to provide confirmation from the U.S. Department of Veterans Affairs or a county veterans service officer showing their disabled veteran status and disability rating when applying for tax reductions.

• Modifies section 5901.07 to require county veterans service officers to provide disabled veterans with letters or written confirmation of their disabled veteran status and years of service upon request for purposes of claiming tax reductions.

• Amendments apply to real property tax years ending on or after the bill's effective date and manufactured home tax years beginning on or after the effective date.