HB 48

Present law requires this state to provide from the general funds to certain disabled veterans the amount necessary to pay or reimburse such taxpayers for all or part of the lo cal property taxes paid for a given tax year on that property that the disabled veteran owned and used as the disabled veteran's residence. Such reimbursement is paid on the first $175,000 of the full market value of such property. For tax years beginnin g on or after July 1, 2025, this bill requires this state to, instead, pay or reimburse such taxpayers for all of the local property taxes paid for a given tax year on such property . ELIGIBILITY As used in this bill , a " disabled veteran "" means a person w ho has served in the armed forces of the United States, and who has acquired any of the following :  A disability from paraplegia or permanent paralysis of both legs and lower part of the body resulting from traumatic injury or disease to the spinal cord or brain, or from legal blindness, or from loss or loss of use of two or more limbs from any service-connected cause .  100% permanent total disability, as determined by the federal department of veterans affairs, and such disability result ed from having served as a prisoner of war .  A service-connected permanent and total disability or disabilities, as determined by the federal department of veterans affairs. INELIGIBILITY P resent law prohibits property tax relief from being extended to any person who has been dishonorably discharged from any of the armed services. This bill does not change this provision. SURVIVING SPOUSE P resent law requires that p roperty tax relief be extended to the surviving spouse of a disabled veteran who, at the time of the disabled veteran's death, was eligible for disabled veterans' property tax relief and certain other requirements are met . This bill does not change this provision."