Real property tax; exemption for disabled veterans. (SB987)
Introduced By
Sen. Toddy Puller (D-Mount Vernon)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
☐ |
Signed by Governor |
✓ |
Became Law |
Description
Real property tax; exemption for disabled veterans. Codifies the constitutional amendment adopted by voters in November 2010 that provides for a property tax exemption for veterans who have a 100 percent, service-related disability. The constitutional amendment requires the General Assembly to enact the exemption in general law. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/11/2011 | Prefiled and ordered printed with emergency clause; offered 01/12/11 11101918D |
| 01/11/2011 | Referred to Committee on Finance |
| 01/23/2011 | Impact statement from TAX (SB987) |
| 01/25/2011 | Committee substitute printed 11104648D-S1 |
| 01/25/2011 | Incorporates SB1358 |
| 01/25/2011 | Reported from Finance with substitute (14-Y 0-N) (see vote tally) |
| 01/26/2011 | Constitutional reading dispensed (38-Y 0-N) (see vote tally) |
| 01/27/2011 | Read second time |
| 01/27/2011 | Reading of substitute waived |
| 01/27/2011 | Committee substitute agreed to 11104648D-S1 |
| 01/27/2011 | Engrossed by Senate - committee substitute SB987S1 |
| 01/28/2011 | Read third time and passed Senate (39-Y 0-N) (see vote tally) |
| 02/07/2011 | Placed on Calendar |
| 02/07/2011 | Read first time |
| 02/07/2011 | Referred to Committee on Finance |
| 02/08/2011 | Assigned Finance sub: #2 |
| 02/08/2011 | Impact statement from TAX (SB987S1) |
| 02/09/2011 | Subcommittee recommends reporting (10-Y 0-N) |
| 02/14/2011 | Reported from Finance with substitute (22-Y 0-N) (see vote tally) |
| 02/14/2011 | Committee substitute printed 11105245D-H1 |
| 02/15/2011 | Read second time |
| 02/16/2011 | Read third time |
| 02/16/2011 | Committee substitute agreed to 11105245D-H1 |
| 02/16/2011 | Engrossed by House - committee substitute SB987H1 |
| 02/16/2011 | Passed House with substitute BLOCK VOTE (97-Y 0-N) |
| 02/16/2011 | VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally) |
| 02/18/2011 | House substitute agreed to by Senate (40-Y 0-N) (see vote tally) |
| 02/18/2011 | Title replaced 11105245D-H1 |
| 02/24/2011 | Enrolled |
| 02/24/2011 | Bill text as passed Senate and House (SB987ER) |
| 02/24/2011 | Signed by Speaker |
| 02/24/2011 | Signed by President |
| 03/04/2011 | Impact statement from TAX (SB987ER) |
| 03/26/2011 | Governor's recommendation received by Senate |
| 04/05/2011 | Placed on Calendar |
| 04/06/2011 | Senate concurred in Governor's recommendation (40-Y 0-N) (see vote tally) |
| 04/06/2011 | House concurred in Governor's recommendation (97-Y 0-N) |
| 04/06/2011 | VOTE: ADOPTION EMERGENCY (97-Y 0-N) (see vote tally) |
| 04/06/2011 | G Governor's recommendation adopted |
| 04/06/2011 | Reenrolled |
| 04/06/2011 | Reenrolled bill text (SB987ER2) |
| 04/06/2011 | Signed by President as reenrolled |
| 04/06/2011 | Signed by Speaker as reenrolled |
| 04/06/2011 | Enacted, Chapter 840 (effective 4/6/11) |
| 04/06/2011 | G Acts of Assembly Chapter text (CHAP0840) |
Comments
I would also favor a pro-rated exemption for service related disabled veterans at less than 100% disability.
It is unfortunate that the regulations being proposed for this bill will not allow for ALL 100% permanent and total Disabled Veterans to receive this tax exemption.
Currently the proposed regulations as told to me by my Commissioner of Revenue is that the Disabled Veteran has to have both an Assigned 100% rating and their "Overall or combined" rating must also be 100%.
These proposed regulation eliminates those Disabled Veterans who have been assigned a 100% disability rating as a result of 38 CFR § 3.321(B) and 38 CFR § 3.340.
I doubt that this action meets the spirit and intent of the Voters who helped to pass the Constitutional Amendment last November.
This bill should cover all 100% disabled veterans. This would include those rated 100% due to unemployability as well as schedular.