Disabled veterans who qualified for the Disabled Veterans Standard Homestead Exemption for their previous home would qualify for a pro-rated exemption for their new home when they move, under legislation passed by the Senate April 26.
Right now, when disabled veterans move into a new residence in the middle of a year, they have to pay the outstanding property taxes until they can reapply for the Disabled Veterans’ Standard Homestead Exemption the next year. Senate Bill 872 allows that exemption to follow the veterans if they move in the middle of the year. It’s modeled after the current property tax exemption process for senior citizens.
To see a breakdown of the benefits of the Disabled Veterans’ Standard Homestead Exemption, go here.
Senate Bill 872 now moves to the House for consideration.