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CA SB888

CA SB888
Property taxation: disabled veterans’ exemption: household income.


summary

Introduced
01/14/2026
In Committee
04/21/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

An act to amend, repeal, and add Section 205.5 of the Revenue and Taxation Code, relating to taxation, to take effect immediately, tax levy.

AI Summary

This bill, effective immediately, modifies the property tax exemption for disabled veterans by excluding service-connected disability payments from the definition of "household income" when determining eligibility for an increased exemption amount. This change, in effect until January 1, 2037, aims to ensure that disabled veterans are not unfairly denied a greater property tax exemption due to these specific payments. The bill also corrects a cross-reference within the existing law and clarifies that the state will not reimburse local agencies for any property tax revenue lost as a result of this change.

Committee Categories

Budget and Finance, Military Affairs and Security

Sponsors (13)

Last Action

April 27 hearing: Placed on APPR. suspense file. (on 04/27/2026)

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