California legislators back SB 1 and SB 23 to aid veterans with tax relief

In a recent meeting of the California State Senate Revenue and Taxation Committee, significant discussions centered around two key pieces of legislation aimed at supporting veterans in the state. The committee reviewed Senate Bill 1 (SB 1) and Senate Bill 23 (SB 23), both designed to provide financial relief to military personnel and their families, addressing the pressing issue of veterans leaving California due to high living costs.

Senate Bill 1, introduced by Senator Sciardo, proposes to exclude up to $20,000 of military retirement pay and survivor benefits from state income taxation for qualified taxpayers. This measure aims to honor the sacrifices of veterans while enhancing California's competitiveness in retaining retired military personnel. Committee members expressed strong support for the bill, highlighting the importance of creating a favorable environment for veterans who contribute significantly to the state's economy. Senator Umberg noted that California should align with the 38 other states that offer similar employment incentives for veterans, emphasizing the need to attract and retain this skilled workforce.

The committee also discussed Senate Bill 23, known as the Homes for Heroes Act, which seeks to fully exempt the primary residences of 100% disabled veterans from property taxes. This bill also extends the same exemption to unmarried surviving spouses, addressing the financial burdens faced by veterans with disabilities in a state known for its high housing costs. Proponents of SB 23, including representatives from various veterans' organizations, argued that the current tax relief measures are insufficient given the rising cost of living and the increasing number of homeless veterans in California. They stressed that without such exemptions, many veterans are forced to leave the state in search of more affordable living conditions.

The discussions highlighted the urgent need for legislative action to support veterans and their families, who have already sacrificed so much for the nation. Advocates for both bills underscored that these measures are not just benefits for veterans but investments in California's economy, as they would help retain a vital part of the workforce and ensure that veterans can continue contributing to their communities.

As the committee moved to pass both bills, the sentiment was clear: California must take meaningful steps to support its veterans and prevent further declines in its veteran population. The anticipated implementation of these bills, set for property tax lien dates between January 1, 2025, and January 1, 2035, represents a significant commitment to honoring the sacrifices of those who have served. The committee's actions signal a broader recognition of the challenges faced by veterans and a willingness to address these issues head-on.