summary
Introduced
02/15/2022
02/15/2022
In Committee
04/27/2022
04/27/2022
Crossed Over
Passed
Dead
08/31/2022
08/31/2022
Introduced Session
2021-2022 Session
Bill Summary
An act to amend Section 205.5 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.
AI Summary
This bill would provide a partial property tax exemption for veterans who are partially disabled, in addition to the existing full exemption for veterans who are totally disabled or have certain service-related injuries. The partial exemption would be equal to the veteran's disability rating percentage, as determined by the U.S. Department of Veterans Affairs or their military service. The bill also addresses procedures for reimbursing local agencies for any property tax revenue lost due to the new exemption.
Committee Categories
Budget and Finance, Military Affairs and Security
Sponsors (5)
Last Action
May 19 hearing: Held in committee and under submission. (on 05/19/2022)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202120220SB1073 | 02/17/2022 |
| Bill | https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202120220SB1073#99INT | 02/17/2022 |
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