SB 1798

Present law requires disabled veterans to have their property taxes, on property owned by the veteran and used as the veteran's residence, paid or reimbursed from the general fund of the state. As used in such provision, a "disabled veteran"" means a per son who has served in the armed forces of the United States, and who has (i) acquired in connection with such service a disability from paraplegia or permanent paralysis of both legs and lower part of the body resulting from traumatic injury or disease to t he spinal cord or the brain, or from legal blindness, or from loss or loss of use of at least two limbs from any service-connected cause; (ii) acquired 100% total disability, as determined by the department of veteran's affairs, as a result of having serv ed as a prisoner of war; or (iii) acquired service-connected permanent and total disability or disabilities, as determined by the department of veteran's affairs. Present law provides that reimbursements and tax rates, as described above, are based on the first $175, 000 of the full market value of such property. This bill raises that threshold to the first $200, 000 of the full market value of the disabled veteran 's property."