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Panel raises property-value cap for disabled-veteran tax reimbursement from $175k to $200k
Summary
Representative Hakim said House Bill 16 87 updates the property value cap used to calculate state reimbursement for disabled‑veteran property tax relief from $175,000 to $200,000; the sponsor and supporters said the modest increase helps the relief keep pace with market values and does not expand eligibility.
Representative Hakim told the committee HB 16 87 increases the property value cap used for calculating state reimbursement for disabled-veteran property tax relief from $175,000 to $200,000 of full market value.
"This legislation updates the property value cap used to calculate state reimbursement for disabled veterans property tax relief, increasing it from 175,000 to 200,000 of the home's full market value," Representative Hakim said. He emphasized the change does not expand eligibility or create a new benefit but is a modest, data‑supported adjustment to reflect current market conditions.
Representative Butler, also a veteran, expressed support and said he wished the cap could be higher but backed the modest increase; the sponsor confirmed the program applies to 100% permanent and total disabled veterans. The committee voted 6–0 to advance the bill.
