Provides, for purposes of ad valorem property taxation, a specially assessed value for the owner-occupied primary residences of veterans and surviving spouses of veterans.

Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Senator Smith DB
Last action: 2025-06-27
Official status: In Senate Committee
Effective date: Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

2025-06-27 Senate
In committee upon adjournment.
2025-01-28 Senate
Introduction and first reading. Referred to President's desk.
2025-01-28 Senate
Referred to Finance and Revenue.

Official Summary Text

Digest: The Act would grant a specially assessed property tax value for the homes of veterans and their spouses who outlive them. (Flesch Readability Score: 60.6).
Provides, for purposes of ad valorem property taxation, a specially assessed value for the owner-occupied primary residences of veterans and surviving spouses of veterans. Disqualifies the residence for the special assessment on the death of the veteran, remarriage of the surviving spouse or sale of the residence.
Takes effect on the 91st day following adjournment sine die.
Relating to: Relating to a specially assessed value for the residences of veterans; prescribing an effective date.
Current location: In Senate Committee