HB 4443
Taxation: specific tax; specific tax on certain homesteads of disabled veterans and their surviving spouses; provide for. Creates new act. TIE BAR WITH: HB 4444'25
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill creates a specific tax on the property of disabled veterans and their surviving spouses who own a homestead. The tax, called the ‘disabled veteran’s homestead specific tax,’ is calculated based on the property’s taxable value and is subject to certain discounts depending on the veteran’s disability rating. Revenue from this tax will be distributed to various local taxing units in the same manner as general property taxes. The bill’s implementation is contingent upon the passage of a related bill, House Bill 4444.
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