Substitute for S.B. No. 1091
Session Year 2025
 


AN ACT CONCERNING A STUDY OF PROJECTED FINANCIAL IMPACTS OF CERTAIN MODIFICATIONS TO THE BASIC PROPERTY TAX EXEMPTION FOR VETERANS AND CERTAIN OTHER MILITARY-RELATED INDIVIDUALS.

To (1) provide an increase in the exemption amount for property belonging to veterans and certain other military-related individuals, and (2) provide that any such veteran or other military-related individual with property in an amount equal to or greater than seven hundred fifty thousand dollars is ineligible for such exemption.

Introduced by:
Veterans' and Military Affairs Committee

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Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 3/27/2025(LCO)File Number 279
 3/27/2025Senate Calendar Number 180
 3/27/2025Favorable Report, Tabled for the Calendar, Senate
 3/27/2025(LCO)Reported Out of Legislative Commissioners' Office
 3/21/2025(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 03/26/25 5:00 PM
 3/11/2025(LCO)Filed with Legislative Commissioners' Office
 3/11/2025(VA)Joint Favorable Substitute
 2/7/2025Public Hearing 02/13
 2/6/2025Referred to Joint Committee on Veterans' and Military Affairs
 2/5/2025Drafted by Committee
 2/4/2025(VA)Vote to Draft
 1/22/2025Referred to Joint Committee on Veterans' and Military Affairs

Co-sponsors of SB-1091

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