LD 643
pg. 2
Page 1 of 2 An Act To Provide a Property Tax Exemption to All Veterans of the United States... LD 643 Title Page
Download Bill Text
LR 800
Item 1

 
paragraph applies to the property of the veteran including
property held in joint tenancy with a spouse or held in a
revocable living trust for the benefit of that veteran.

 
SUMMARY

 
This bill amends the $5,000 property tax exemption provided
to a veteran who served in the Armed Forces of the United
States to remove the eligibility requirements that the veteran
served during a federally recognized war period or that the
veteran be totally disabled. Under this bill, a veteran of
the Armed Forces of the United States is eligible to receive a
property tax exemption if the veteran served at least 2 years
and has reached the age of 62 or the veteran is totally
disabled.

 
This bill also amends the current $47,500 property tax
exemption for specially adapted housing for paraplegic
veterans to remove the requirement that the veteran served in
the Armed Forces of the United States during a federally
recognized war period.


Page 1 of 2 Top of Page LD 643 Title Page