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.

Introduced by:
Veterans' and Military Affairs Committee

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Bill History

 Date Action Taken
 3/10/2026(VA)Joint Favorable
 2/27/2026Public Hearing 03/03
 2/26/2026Referred to Joint Committee on Veterans' and Military Affairs

Co-sponsors of HB-5407

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