Amendment S-5175 to SF 2472
Relating to state and local government taxes, fees, financial authority, and budgets, by modifying property assessment provisions, divisions of revenue, and funding from the secure an advanced vision for education fund, establishing a program for first-time homebuyers, modifying and making appropriations, and including effective date, applicability, and retroactive applicability provisions
Adopted · April 8, 2026
Filed April 8, 2026 in the Senate by Sen. Dan Dawson (R)
What it changes
- Page 61, by striking lines 20 through 29 and inserting: “c. For assessment years beginning on or after January 1, 2026, the property of an honorably separated, retired, furloughed to a reserve, placed on inactive status, or discharged veteran, as defined in section 35.1, subsection 2, paragraph “a” or “b” not to exceed the lesser of two percent of the taxable value of the property or fourteen thousand dollars, but not less than five thousand dollars.”