SB895
Real property tax; surviving spouses of members of armed forces who died in line of duty.
Summary
As Introduced. Real property tax exemption; surviving spouses of members of the armed forces who died in the line of duty.
Authorizes localities by ordinance to provide a total exemption from real property taxes regardless of assessed value beginning in tax years beginning on and after January 1, 2025, for surviving spouses of members of the armed forces who died in the line of duty. Under law effective January 1, 2025, ... (More) a total exemption is only allowed for such surviving spouses for those dwellings in the locality with assessed values in the most recently ended tax year that are not in excess of the average assessed value for such year of a dwelling situated on property that is zoned as single family residential. (Less)-
Bill History
- 01/04/2025 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25101300D
- 01/04/2025 - Senate: Referred to Committee on Finance and Appropriations
- 01/22/2025 - Senate: Impact statement from TAX (SB895)
- 02/05/2025 - Senate: Left in Finance and Appropriations
