Summary of Bill S 1183

Bill Overview

• Bill Number: S 1183
• Title: Establishes a real property tax exemption for veterans with a 100 percent service-connected disability
• Status: Returned to Senate
• Introduced On: January 08, 2025
• Classification: Bill

Purpose and Intent

The primary purpose of Bill S 1183 is to provide financial relief to veterans who have been deemed to have a 100 percent service-connected disability. By establishing a real property tax exemption, the bill aims to alleviate the financial burden on these veterans, recognizing their service and sacrifices made for the country.

Key Provisions

• Tax Exemption: The bill proposes a full exemption from real property taxes for veterans with a 100 percent service-connected disability. This exemption would apply to the veteran's primary residence.
• Eligibility Criteria: To qualify for the exemption, veterans must provide documentation of their disability status as recognized by the Department of Veterans Affairs.

Impact

• Beneficiaries: The bill is expected to benefit veterans with a 100 percent service-connected disability, providing them with significant financial relief. This could enhance their quality of life and help them manage living expenses more effectively.
• Local Governments: The implementation of this tax exemption may affect local government revenues, as they will need to adjust their tax income based on the exemptions granted to qualifying veterans.

Legislative Actions

• 2025-01-08: Bill introduced and referred to the Committee on Veterans, Homeland Security and Military Affairs.
• 2025-02-04: First report calendar.
• 2025-02-10: Advanced to third reading.
• 2025-05-27: Passed in the Senate and delivered to the Assembly.
• 2025-06-17: Substituted for A74, passed in the Assembly, and returned to the Senate.

Related Bills

• S 6342: Prior session bill related to veterans' benefits.
• A 6839: Prior session bill concerning property tax exemptions.
• S 2918: Prior session bill addressing veterans' affairs.
• S 2028: Prior session bill on military and veterans' issues.
• A 74: Companion bill to S 1183.

Conclusion

Bill S 1183 represents a significant step towards supporting veterans with severe disabilities by providing them with a much-needed tax exemption. As the bill progresses through the legislative process, it highlights the ongoing commitment to addressing the needs of those who have served in the military.