Plain English Breakdown
The official source does not provide specific details on how many veterans will be impacted or the financial impact on Platoon 22, Incorporated.
Property Tax Credit for Platoon 22 in Washington County
This law requires Washington County and its cities to grant a full property tax credit on real estate owned by Platoon 22, Incorporated that is used to provide housing for veterans.
What This Bill Does
- Requires the governing body of Washington County and city governments within it to offer a 100% property tax credit against county and municipal corporation property taxes imposed on certain real property.
- The property must be owned by Platoon 22, Incorporated and used for housing veterans.
- This tax break applies to all taxable years starting after June 30, 2026.
Who It Names or Affects
- Washington County government
- City governments within Washington County
- Platoon 22, Incorporated
- Veterans who live in housing provided by Platoon 22
Terms To Know
- Property Tax Credit
- A reduction or exemption from property taxes for certain properties.
- Municipal Corporation
- A city or town that has its own local government and laws.
Limits and Unknowns
- The law only applies to real estate owned by Platoon 22, Incorporated.
- It does not specify the number of veterans affected or the extent of tax savings for Platoon 22.