SB 116

This bill reduces the eligibility threshold for an eligible veteran, the spouse of

an eligible veteran, and the unremarried surviving spouse of an eligible veteran

(claimants) to claim the veterans and surviving spouses property tax credit under

the individual income tax system. Under the bill, a claimant may claim the credit

if the claimant's service-connected disability rating is at least 70 percent. Currently,

that rating must be 100 percent.

Under the bill, the maximum credit that a claimant may claim is multiplied by

the percentage of the claimant's service-connected disability rating. The bill does

not affect a claimant who claims the credit based on his or her individual

unemployability rating.