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Committee advances bill creating homestead property tax credit for active-duty military and some veterans

3743399 · June 9, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Senate Bill 1094 would replace several homestead tax exemptions with a property tax credit for active-duty military, disabled veterans and surviving spouses and allow inflation indexing; the committee adopted a clarifying dash 1 amendment and sent the bill to the floor with a due-pass recommendation.

The Senate Committee on Finance and Revenue on June 9 adopted a dash 1 amendment to Senate Bill 1094 and advanced the bill to the Senate floor with a due-pass recommendation.

Committee staff summarized SB 1094 as creating a property tax credit for homesteads of residents on active-duty military service, and for homesteads of disabled…

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