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ACR 58

Proposes constitutional amendment to increase amount of veterans' property tax deduction from $250 to $2,500 over four years.

2024-2025 Regular Session Introduced by John Azzariti and 25 co-sponsors

Proposes a constitutional amendment to raise the veterans’ property tax deduction from $250 to $2,500, phased in over four years, with voter approval required.

Introduced in the Assembly, Referred to Assembly Military and Veterans' Affairs Committee
#constitution #propertytax #veterans
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Bill Summary · ACR 58

Summary — ACR 58 (2025)

Status: Introduced March 24, 2025; passed both houses and enrolled June 25, 2025 (Res. Chapter 91, Statutes of 2025). Referred initially to Assembly Military and Veterans' Affairs Committee. Companion measure: SCR 81.

Purpose

ACR 58 proposes a constitutional amendment to substantially increase the amount of the property tax deduction available to qualifying veterans. The stated intent is to expand property tax relief for veterans by raising the deduction from $250 to $2,500 over a four‑year period.

Key provisions

  • Amends the State Constitution (by concurrent resolution proposing a constitutional amendment) to change the maximum annual veterans’ property tax deduction.
  • Increases the deduction from the current $250 to $2,500, phased in over four years. (The legislative synopsis indicates a four‑year phase‑in; the adopted text/schedule of annual increases is not included in the materials provided.)
  • As a constitutional amendment, the change must be approved by the voters (see “Procedural notes” below).

Who is affected

  • Primary beneficiaries: veterans who currently qualify for the existing constitutional veterans’ property tax deduction (and any dependents or surviving spouses eligible under current law). The measure does not itself change eligibility criteria; it increases the deductible amount available to eligible individuals.
  • Secondary impacts: local governments, school districts, and other local taxing agencies. Increasing the deduction will reduce the taxable assessed value (or tax liability) for eligible properties, potentially reducing property tax revenue collections unless offset by other actions or state reimbursements.

Fiscal and administrative impact

  • Direct fiscal effects are not quantified in the available materials. Increasing the deduction likely reduces property tax revenues collected from eligible properties, shifting the fiscal impact to local budgets unless the state provides reimbursements or other adjustments.
  • Administrative implementation would be handled by local tax assessors/collectors consistent with existing procedures for veterans’ deductions, with a phased schedule required over four years (details not provided in available text).

Procedural / timeline notes

  • Introduced in the Assembly on March 24, 2025; referred to Assembly Military and Veterans’ Affairs Committee.
  • Passed the Senate (adopted June 3, 2025; Ayes 77, Noes 0) and the Assembly (adopted June 19, 2025; Ayes 35, Noes 0).
  • Enrolled and filed with the Secretary of State on June 25, 2025; chaptered as Res. Chapter 91, Statutes of 2025.
  • Because this is a proposed constitutional amendment, final effect requires submission to and approval by the voters at the election specified by state law (commonly the next statewide ballot at which such measures may be presented). The exact ballot timing/method is governed by state constitutional and statutory procedures.

Related measures

  • SCR 81 — companion concurrent resolution (addresses the same constitutional amendment).

Note: Some floor documents included in the legislative packet appear to contain unrelated text (a separate resolution recognizing the National Conference of State Legislatures). The legislative synopsis and enrolled actions above reflect ACR 58’s veterans’ deduction amendment.

Compiled from official sources — confirm details with the bill’s official record.

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