Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Comptroller seeks $50.4M to boost disabled‑veteran property tax reimbursements; senators warn of spiraling costs
Summary
The comptroller requested an additional $50.4 million to increase local reimbursements for disabled‑veteran property tax exemptions (on top of $19 million in the base) to restore a prior 77% replacement level; LBB did not include the request and senators raised concerns about eligibility growth and escalating costs to local governments.
Comptroller Glenn Hager told senators the agency requested an additional $50.4 million in the 2026–27 biennium to increase reimbursements to local governments that lose property tax revenue because of state‑authorized disabled‑veteran exemptions.
Hager said the requested $50.4 million would be added “on top of the $19,000,000 currently in the base” with the goal of restoring the program to the original 77% replacement level for affected local revenue. He suggested that at the program’s inception the appropriation replaced roughly 77% of exempted revenue but that due to growth in qualifying…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
