Tuesday, February 9, 2016

Bill would increase homestead exemption for service-connected disabled veterans

Rep. Darryl Owens, (D-Louisville), has filed legislation that would increase the homestead exemption for some disabled veteran homeowners from the current $36,900 limitation up to the veteran’s full property tax liability.

House Bill 322 would exempt a totally disabled veteran whose disability is service-connected from property taxes on the entire assessed value of his or her permanent residence.

The legislation would require an amendment to the Kentucky Constitution to be ratified by the voters in the next general election.

“I believe the men and women who have given their all for our country, and are now 100 percent disabled because of their heroic military service, deserve this exemption,” said Rep. Owens.