Bill > SB296

This bill creates a new property tax exemption for 100% disabled veterans and their surviving spouses, applicable for property tax lien dates between January 1, 2026, and January 1, 2036. The exemption applies to a veteran's principal residence if the veteran is blind in both eyes, has lost the use of two or more limbs, or is totally disabled as a result of military service. An unmarried surviving spouse can also qualify for the exemption under certain conditions, such as if the deceased veteran was qualified for or would have qualified for the exemption. To receive the exemption, claimants must provide documentation from the United States Department of Veterans Affairs or their military service demonstrating their disability rating. The bill defines key terms like "veteran," "blind in both eyes," and "totally disabled," and specifies that this exemption replaces other property tax exemptions for the same residence. The legislation aims to reduce homelessness among disabled veterans by providing this tax relief, and requires the State Board of Equalization to collect and report data on the exemption's implementation annually. The bill takes effect immediately as a tax levy and includes provisions for potential state reimbursement of local agency costs, though it also stipulates that no specific appropriation will be made for lost property tax revenues.

Budget and Finance, Military Affairs and Security

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB296