Property Tax Exemption for Parents of Fallen Veterans (Watch)

Property Tax Exemption for Parents of Fallen Veterans (Watch)

HJR 743 (Abruzzo) proposes an amendment to the state constitution to authorize the Legislature to create an exemption from property taxes on homestead property to the parent, or parents, of a veteran who died from service-connected causes while on active duty as a member of the U.S. Armed Forces. If approved by 60 percent of voters, the exemption could be

equal to the total, or a portion, of the ad valorem tax that is owed, depending on how the Legislature implements the amendment. (Hughes)