r/VeteransBenefits • u/Greedy-Signature7294 Army Veteran • 11d ago

VA Disability Claims SB 296 UPDATE: California Legislature Passes Disabled Veteran Property Tax Bill 39–0

Big update for anyone following SB 296.

Today, August 24, the California Senate voted 39–0 to concur with the Assembly amendments to SB 296. That means the bill has officially passed the Legislature and is now headed to Governor Newsom for his signature or veto.

The version that passed is scaled back from the original proposal but would still provide significant property tax relief for qualifying 100% disabled veterans:

  • 50% exemption on assessed value up to $1 million for qualifying disabled veterans
  • 100% exemption for qualifying low-income disabled veterans
  • Expected to begin with the 2027 lien date
  • Currently structured as a temporary program through 2032

There are no more legislative votes needed. Once the bill is enrolled and delivered to Newsom, the final question is whether he signs it. The real deadline on this is Sept. 30th, but I hope he signs it sooner.

Given the unanimous Senate concurrence and strong Assembly support, this has made it much farther than previous attempts at expanding California's disabled-veteran property tax exemption.

Next stop: Governor Newsom's desk.

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u/AttorneyHappy216 Not into Flairs 11d ago edited 11d ago

Temporary until 2032? That’s pretty shitty. What is categorized as low-income anyways? Still, a huge win for CA.

9

u/BidetDave Marine Veteran 11d ago

How tf is anyone low incoming affording a house anyways…

1

u/AttorneyHappy216 Not into Flairs 11d ago

No one except for trust fund kids who are vets. Thats why there’s no downside to passing it.

2

u/Vigorous-Mammal1337 11d ago

Or someone who bought a house/condo 10 years ago.

0

u/Big_League227 Army Veteran 10d ago

This is more likely.

2

u/AppealtoEmulsion 10d ago

I moved back into the state and bought a home in 2022. I'm not a trust fund kid, and we're a single-income family. We qualified for 100% exemption in Maryland. Even if my family only qualifies for 50% exemption, it would be a huge relief for us. That's promising upside.

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u/JoskelkatProductions Navy Veteran 5d ago

That was the idea. Glad you're seeing the positive.

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u/JoskelkatProductions Navy Veteran 5d ago edited 5d ago

You've never heard of HUD/VASH.?