Bill > S3828

Introduced Session

This bill establishes a disabled veteran tenant gross income tax credit. This bill allows a disabled veteran to claim a nonrefundable credit, up to a maximum allowable amount of $1,000, for that portion of the veteran's rent constituting property taxes. Currently, 18 percent of rent paid is considered to constitute property taxes. If a qualifying disabled veteran is married but is filing with a status of "married, filing separately," each spouse will be entitled to claim one half of the credit for which the disabled veteran qualifies. However, if a qualifying disabled veteran rents a homestead with another taxpayer, other than the qualifying disabled veteran's spouse, the qualifying disabled veteran may only claim a credit for the rent constituting property taxes that the qualifying disabled veteran actually paid. The credit established by this bill can be claimed in addition to the $50 credit that can be claimed by a taxpayer or a resident, who is 65 years of age or older, blind, or disabled not subject to tax, who paid rent constituting property taxes on a homestead. A disabled veteran is a veteran who, as a result of war service, is eligible to be compensated for a service connected disability by the United States Veteran Administration. War service is service at some time during the following conflicts: World War I, World War II, the Korean conflict, the Lebanon crisis, the Vietnam conflict, the Lebanon peacekeeping mission, the Grenada peacekeeping mission, the Panama peacekeeping mission, Operation "Desert Shield/Desert Storm," Operation Northern Watch and Operation Southern Watch, Operation "Restore Hope," Operations "Joint Endeavor" and "Joint Guard," Operation "Uphold Democracy," Operation "Enduring Freedom," and Operation "Iraqi Freedom."

Committee Categories

Carmen Amato (R)*, 

Introduced in the Senate, Referred to Senate Military and Veterans' Affairs Committee (on 10/24/2024)

Official Document