If enacted, this bill would amend current property tax exemption statutes for veterans in Arizona. The bill introduces a new provision that fully exempts the property of veterans with a service-connected disability rated at 100% from property tax. Additionally, it allows the surviving spouse of such veterans to maintain this exemption as long as the property remains their primary residence and they do not remarry. The bill also clarifies the exemption amounts for veterans with nonservice-connected disabilities or those rated less than 100%, specifying a $4,188 exemption that is adjusted based on the percentage of the veteran's disability rating.

The bill modifies existing language by deleting outdated provisions and inserting new definitions and criteria for exemptions. It removes the previous limit on the exemption amount for veterans with service or nonservice-connected disabilities and replaces it with a more comprehensive framework that includes specific provisions for surviving spouses and adjustments based on disability ratings. Furthermore, it ensures that veterans' pensions are excluded from income calculations for determining eligibility for these exemptions. Overall, the bill aims to enhance the benefits available to veterans and their families regarding property tax exemptions.

Statutes affected:
Introduced Version: 42-11111