Bill > S3319

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."

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Anthony Bucco (R)*, 

Introduced in the Senate, Referred to Senate Military and Veterans' Affairs Committee (on 06/19/2017)