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This bill expands
eligibility for the veterans' property tax exemption to the period from
February 1, 1955 to February 27, 1961.
This expanded eligibility is based on the status of property for the
property tax year that begins on April 1, 2023. Reimbursement for that year
will not occur until fiscal year 2024-25.
The Department of Administrative and Financial Services will require
ongoing General Fund appropriations beginning in fiscal year 2024-25. |