Property tax deduction for veterans with a disability.

Authors: Senator Eric Bassler, Senator Travis Holdman, Senator Jon Ford

Co-authors: Senator Lonnie Randolph, Senator Frank Mrvan, Senator Ron Alting, Senator Susan Glick, Senator Michael Crider, Senator Dennis Kruse

Sponsors: Representative Milo Smith

Co-Sponsors: Representative Charles Moseley

Digest

Provides that the $12,480 property tax deduction for certain veterans with a disability is phased out if the assessed value of the individual's property is more than $143,160 but not more than $195,600. Provides that an individual is not entitled to a deduction if the assessed value of the individual's property is more than $195,600. (Under current law, an individual is not entitled to any deduction if the assessed value of the individual's property is more than $143,160.)