SF 2299: Relating to the disabled veteran homestead tax credit and the military service property tax exemption and credit and including effective date, applicability, and retroactive applicability provisions

What it does

This bill relates to the disabled veteran homestead credit and the military service property tax exemption and credit.15 provides a homestead credit to the owner of a homestead for the full amount of property tax levied if the owner is any of the following: (1) a veteran of any of the military forces of the United States who acquired the homestead under specified federal programs; (2) a veteran with a permanent service-connected disability rating of 100 percent or a permanent and total disability rating based on individual unemployability that is compensated at the 100 percent disability rate; (3) a former member of the national guard of any state who meets specified service requirements with a permanent service-connected disability rating of 100 percent or a permanent and total disability rating based on individual unemployability that is compensated at the 100 percent disability rate; or (4) an individual who is a surviving spouse or a child and who is receiving federal dependency and indemnity compensation.

Senate subcommittee · named February 17, 2022

• Sen. Jeff Edler (R)
• Sen. Mark Costello (R) · mark.costello@legis.iowa.gov
• Sen. Eric Giddens (D)

In plain words

1. February 16, 2022Filed in the Senate and sent to the Veterans Affairs committee
2. February 17, 2022Senate subcommittee named: Edler, Costello and Giddens