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MD SB639

MD SB639
Property Tax Exemption - Disabled Veterans - Service Connected Disability


summary

Introduced
01/29/2024
In Committee
01/29/2024
Crossed Over
Passed
Dead
04/08/2024

Introduced Session

2024 Regular Session

Bill Summary

Expanding eligibility for a property tax exemption for the dwelling house of a disabled veteran to include veterans with at least an 80% service connected disability; and applying the Act to all taxable years beginning after June 30, 2024.

AI Summary

This bill expands eligibility for a property tax exemption for the dwelling house of a disabled veteran to include veterans with at least an 80% service-connected disability, down from the previous requirement of 100% disability. The bill also applies this change to all taxable years beginning after June 30, 2024. This means that more disabled veterans will be eligible for the property tax exemption starting in the 2024 tax year.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Senate Budget and Taxation Hearing (13:00:00 2/14/2024 ) (on 02/14/2024)

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