VoyForums
[ Show ]
Support VoyForums
[ Shrink ]
VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

Tuesday, May 28, 12:52:43Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: [1]2345678910 ]


[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: Sat, Oct 22 2022, 16:57:37 PDT
Author: Don Poss
Author Host/IP: cpe-104-173-58-12.socal.res.rr.com / 104.173.58.12
Subject: SB 1357: California Property Taxation: [FULL TAX] exemption: disabled veteran homeowners.

Gents, this is a little lengthy, but important information for VSPA members (still) living in California. If not a Left-Coast person you may skip this post.
__

ATTN California VSPA Residents and Property Owners:

Have you heard about California’s Senate Bill 1357, Property Taxation [Full] exemption for disabled veteran homeowners? If you qualify, this could mean a moderate amount of money you would not have to pay the state of California bi-annually.

Who Qualifies? Full Property tax exemption [is] for veterans with a 100% disability, and effective 1 Jan 2023 (Sunset, 1 Jan 1934).

A few excerpts are presented here from SB 1357. Although those interested may read the full approved text of the SB 1357 at (copy/paste): https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220SB1357.

There are some qualifying “Ifs,” and here are the highlights of “SB 1357, Property Taxation: exemption for disabled veteran homeowners:

•[If] the veteran is totally disabled as a result of injury or disease incurred in military service, then the property shall be exempt from taxation. [or…]
•[If] … deemed to be the principal place of residence of a veteran, (…disabled as described in paragraph (1), who is confined to a hospital or other care facility…);
[If]that property would be that veteran’s principal place of residence were it not for their confinement to a hospital or other care facility, provided that the residence is not rented or leased to a third party. For purposes of this paragraph, a family member who resides at the residence is not a third party.
• Property … owned by, and … constitutes the principal place of residence of, the unmarried surviving spouse of a deceased veteran is exempt from taxation in the same amount that the veteran or veteran’s spouse would have been entitled to in subdivision (a)[If] the veteran was alive, in the case of a veteran who was blind in both eyes, had lost the use of two or more limbs, or was totally disabled, provided that either of the following conditions is met:
-- [If…] The deceased veteran, during their lifetime, qualified for the exemption pursuant to subdivision (a), or would have qualified for the exemption under the laws effective on January 1, 2023, except that the veteran died prior to January 1, 2023. The veteran shall have been a resident of this state on January 1 of the year in which they died.
-- [If…] The veteran died from an injury or disease that was service connected as determined by the United States Department of Veterans Affairs, and the veteran was a resident of this state on January 1 of the year in which they died.

Totally disabled” means the United States Department of Veterans Affairs or the military service from which the veteran was discharged has rated the disability at 100 percent or has rated the disability compensation at 100 percent by reason of being unable to secure or follow a substantially gainful occupation.

In order to receive the exemption provided in this section, the claimant shall provide the county assessor documentation, including a letter from the United States Department of Veterans Affairs or the military service from which the veteran was discharged demonstrating the veteran’s disability rating, sufficient to demonstrate the claimant’s eligibility for the exemption.

This section shall remain in effect only until January 1, 2034, and as of that date is repealed. [Sunset law]

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Login ] Create Account Not required to post.
Post a public reply to this message | Go post a new public message
* HTML allowed in marked fields.
Post Password:
Keep password cookie for 24 hours

Message subject (required):

Name (Registered users only):

  Expression (Optional mood/title along with your name) Examples: (happy, sad, The Joyful, etc.) help)

  E-mail address (required):

Type your message here:

Choose Message Icon: [ View Emoticons ]

Notice: Copies of your message may remain on this and other systems on internet. Please be respectful.

[ Contact Forum Admin ]



Forum timezone: GMT-8
VF Version: 3.00b, ConfDB:
Before posting please read our privacy policy.
VoyForums(tm) is a Free Service from Voyager Info-Systems.
Copyright © 1998-2019 Voyager Info-Systems. All Rights Reserved.