Bill > AB2022

This bill would provide a property tax exemption for homeowners who are 100% disabled veterans, their spouses, or jointly owned property, for tax lien dates between January 1, 2027, and January 1, 2032. The exemption would also extend to unmarried surviving spouses of eligible disabled veterans under certain conditions, and requires specific documentation to be provided to the county assessor. Importantly, this exemption would be in lieu of any other property tax exemptions the claimant might be eligible for, and the state would not reimburse local agencies for any lost property tax revenue due to this exemption. The bill also outlines goals for this tax expenditure, including reducing homelessness, and requires data collection and reporting on its impact.

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB2022