2021 Senate Bill 783

Replace disabled veteran property tax breaks with income tax credit

Introduced in the Senate

Dec. 8, 2021

Introduced by Sen. Jon Bumstead (R-34)

To revise details of the property tax exemptions granted to disabled veterans, and reimburse local governments for the foregone revenue this represents, by using a new state income tax credit to deliver the benefit rather than local property tax breaks. Also, to make widows of servicemembers killed in action eligible for these tax breaks, and provide benefits for veterans who are at least 50% but less than 100% disabled. See also Senate Bill 1084.

Referred to the Committee on Finance

March 3, 2022

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Nov. 29, 2022

Passed in the Senate 32 to 3 (details)

Received in the House

Nov. 30, 2022

Referred to the Committee on Tax Policy

Dec. 7, 2022

Substitute offered by Rep. Matt Hall (R-63)

To replace the previous version of the bill with one that revises details but does not change the substance as previously described.

The substitute passed by voice vote

Passed in the House 88 to 12 (details)

To revise details of the property tax exemptions granted to disabled veterans, and reimburse local governments for the foregone revenue this represents, by using a new state income tax credit to deliver the benefit rather than local property tax breaks. Also, to make widows of servicemembers killed in action eligible for these tax breaks, and provide benefits for veterans who are at least 50% but less than 100% disabled. See also Senate Bill 1084.