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Senate bill would raise property‑tax exemptions for disabled veterans; advocates urge wider relief
Summary
SB 387 would increase property‑tax exemptions for disabled veterans and add a new means‑tested exemption for 100%‑rated disabled veterans. Sponsors said two existing exemption levels increase substantially and a new program would reimburse counties for 100%‑rated veteran exemptions; multiple veterans and representatives testified in support.
Senate Bill 387, presented to the Senate Committee on Veterans, Emergency Management, Federal and World Affairs on Jan. 28, would raise property‑tax exemptions for disabled veterans and add a new means‑tested exemption for veterans rated 100% disabled.
Senator Kim Thatcher, a prime sponsor, described the bill’s three financial elements. Two are changes to existing exemptions: for veterans rated 40% or more, the bill would raise the base exemption from the existing levels to $60,000 for one category and $65,000 for another, each with a 3%…
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