Bill > HB2230

This bill aims to provide property tax relief for veterans with service-connected disabilities by creating a new exemption and modifying existing laws. It makes it a felony to impersonate a veteran for financial gain, including for the purpose of obtaining this new property tax exemption. The bill establishes a new property tax exemption for the primary residence of veterans with service-connected disabilities, with the exemption amount varying based on the veteran's disability rating and phasing in over four years. It also clarifies that surviving spouses can continue to claim this exemption under certain conditions. To offset the lost tax revenue for local governments, the bill creates a reimbursement system where the state will reimburse counties, school districts, and fire districts for a portion of the foregone revenue. Additionally, the bill removes the previous veteran-specific property tax exemptions from existing law and consolidates the process for claiming exemptions by allowing electronic submission of disability documentation from the U.S. Department of Veterans Affairs. The changes are set to take effect for tax years beginning after December 31, 2026.

https://apps.azleg.gov/BillStatus/BillOverview/83959