SB 510 IN
Deductions for disabled veterans.
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Summary
Provides that, for an individual who has received a property tax deduction available to certain veterans in a previous year, increases in assessed value that occur after December 31, 2025, are not considered for purposes of determining whether an individual is eligible to receive the deduction. Provides an additional tax deduction for a disabled veteran who rents a dwelling for use as the disabled veteran's principal place of residence.
Sponsor (1)
- La Keisha Jackson Democratic · author
Action history (2)
- Jan 16, 2025 Authored by Senator Jackson L · upper
- Jan 16, 2025 First reading: referred to Committee on Tax and Fiscal Policy · upper
Subjects
HEALTH; Physical DisabilitiesPROPERTY; HousingTAXES; DeductionsTAXES; Property TaxesVETERANS
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