The proposed bill, General Assembly Proposed Bill No. 238, aims to amend public act 24-46 to clarify the property tax exemptions available to qualifying veterans. The new legal language specifies that these veterans will receive a property tax exemption not only for the real property they own but also for the dwelling located on that property.

This amendment seeks to ensure that veterans are fully recognized and supported in their property ownership, providing them with financial relief through tax exemptions that cover both the land and the home they reside in. The bill does not indicate any deletions from current law, focusing solely on the insertion of this clarification regarding property tax exemptions for veterans.