Plain English Breakdown
The bill summary and digest do not provide details on the amount of the deduction or its current impact due to the small number of surviving spouses from WWI.
Restores Property Tax Deduction for WWI Veteran Spouses
This bill restores a property tax deduction for surviving spouses of World War I veterans that was previously limited to certain years.
What This Bill Does
- Removes the time limit on when a surviving spouse of a World War I veteran can claim a property tax deduction.
Who It Names or Affects
- Surviving spouses of World War I veterans who own property and pay taxes on it.
Terms To Know
- Property tax
- A tax that people pay based on the value of their land or buildings they own.
- Surviving spouse
- The husband or wife who is still alive after their partner has died.
Limits and Unknowns
- It does not specify how much the property tax deduction will be.
- This bill only affects surviving spouses of World War I veterans, which may be a very small group today.