Raised H.B. No. 5407
Session Year 2026
AN ACT CONCERNING STATE REIMBURSEMENT TO MUNICIPALITIES FOR REVENUE LOST DUE TO THE PROPERTY TAX EXEMPTION FOR VETERANS WITH A ONE HUNDRED PER CENT PERMANENT AND TOTAL DISABILITY RATING.
To provide a mechanism for municipalities to submit claims to the Secretary of the Office of Policy and Management for reimbursement of the revenue lost due to the property tax exemption for veterans who have been determined by the United States Department of Veterans Affairs to be permanently and totally disabled based on a service-connected disability rating of one hundred per cent.
