Plain English Breakdown
The bill text does not specify that the exemption covers the full assessed value of a veteran's primary residence and up to ten acres of land if the veteran has any level of service-connected disability; it specifically mentions permanent and total disabilities.
Veteran's Property Tax Exemption Expansion
This act expands property tax exemptions for veterans with permanent and total service-connected disabilities in Wyoming.
What This Bill Does
- Expands the property tax exemption to cover the full assessed value of a veteran’s primary residence and up to ten acres of land if the veteran is certified as having a permanent and total service-connected disability.
- Allows surviving spouses who have not remarried and continue living in the home to receive the same exemption after the veteran's death.
- Limits the exemption for veterans without this level of disability to $6,000 annually.
Who It Names or Affects
- Veterans certified as having a permanent and total service-connected disability
- Surviving spouses of eligible veterans who have not remarried
Terms To Know
- Permanent and Total Service-Connected Disability
- A condition where the veteran is considered totally disabled due to an injury or illness that occurred during military service.
- Surviving Spouse
- The spouse of a deceased veteran who has not remarried.
Limits and Unknowns
- This bill did not pass and was not considered by the Committee of the Whole (COW).
- It would have taken effect immediately upon completion of all necessary steps for it to become law, but since it did not pass, this is now uncertain.