For Bill Information, please click HERE.   Official Text and Analysis.

Adds a tax preference performance statement stating that the policy objective is to provide more extensive property tax relief to veterans with total disability ratings and their surviving spouses or domestic partners to properly recognize their sacrifice on behalf of the nation and to enable them to remain in their residences, thus reducing homelessness and demand for services in state veterans' homes. Requires that the Joint Legislative Audit and Review Committee report to the Legislature by December 1, 2020, assessing the impact of the tax preference in reducing homelessness and demand for services in state veterans' homes among veterans with total disability ratings and their surviving spouses or domestic partners. Provides that the act is not subject to the tenyear expiration date for new tax preferences. Clarifies that the act applies to taxes levied for collection in 2016 and thereafter. Amends the title.

Provides more extensive property tax relief to veterans with total disability ratings and their surviving spouses or domestic partners.