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Assembly committee releases bill to make 100% disabled veterans' property tax exemption retroactive and require state reimbursement
Summary
The Assembly committee released A941, which would make total property tax exemptions for 100% disabled veterans retroactive to the effective date of the disability determination and require the state to reimburse municipalities for the lost local property tax revenue.
The Assembly Appropriations, State and Local Committee on the motion released A941, a bill that would make total property tax exemptions for 100% disabled veterans retroactive to the effective date of the determination of total disability and require the state to reimburse municipalities for reimbursement of property taxes paid to a veteran.
A committee member said the measure is intended to…
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