This bill amends the property tax exemption laws for disabled veterans by expanding eligibility criteria to include those who own homes that have been specially adapted to meet their disabilities. Specifically, it adds provisions for homes modified through the VA Hospital system, as well as homes that are ADA compliant. The new legal language inserted into the current law specifies that veterans who own a home adapted through the Veterans Administration's Special Adapted Housing (SAH) or Special Home Adaptation (SHA) grants, or those who have acquired a home using proceeds from the sale of such homes, will qualify for the exemption.

Additionally, the bill clarifies that the exemption applies to the veteran's surviving spouse, as defined in existing law. The effective date for this act is set to be 60 days after its passage. Overall, the bill aims to provide greater support and financial relief to disabled veterans by broadening the scope of property tax exemptions available to them.