I realize Kansas isn't exactly vacation destination, but it is good to see any state adopt these exemptions for vets. If this gets passed like it is on track to do, this is going to save me thousands every year. E-mail your representatives in your states. This stuff doesn't just happen. It requires all of us to voice our desire to not pay taxes.
www.kslegislature.org
HB 2036 would exempt certain amounts of a homestead property’s assessed valuation for certain retired and disabled veterans beginning in tax year 2024. The amount of the exemption would be determined according to the disability rating for a service-connected disability from the U.S. Department of Veterans Affairs as follows:
Be it enacted by the Legislature of the State of Kansas:
Section 1.
(a) (1) All homestead property owned and actually and regularly occupied and used predominantly as a residence by a disabled veteran or any surviving spouse thereof, to the extent herein specified, shall be and is exempt from property or ad valorem taxes levied under the laws of the state of Kansas, as follows:
(2) (A)
(i) Such homestead property used by a disabled veteran who has received at least a 30% but less than 40% disability rating for a service-connected disability from the United States department of veterans affairs, or any surviving spouse thereof, shall be entitled to an exemption of 60% of such homestead property's assessed value.
(ii) Such homestead property used by a disabled veteran who has received a disability rating of at least 40% but less than 50% for a serviceconnected disability from the United States department of veterans affairs, or any surviving spouse thereof, shall be entitled to an exemption of 70% of such homestead property's assessed value.
(iii) Such homestead property used by a disabled veteran who has received a disability rating of at least 50% but less than 60% for a serviceconnected disability from the United States department of veterans affairs, or any surviving spouse thereof, shall be entitled to an exemption of 80% of such homestead property's assessed value.
(iv) Such homestead property used by a disabled veteran who has received a disability rating of at least 60% but less than 70% for a serviceconnected disability from the United States department of veterans affairs, or any surviving spouse thereof, shall be entitled to an exemption of 90% of such homestead property's assessed value.
(B) Such homestead property used by a disabled veteran who is permanently confined to a wheelchair or has received a disability rating of at least 70% for a service-connected disability from the United States department of veterans affairs, or any surviving spouse thereof, shall be exempt from all such taxes.
Sub Bill for HB2036 | Bills and Resolutions | Kansas State Legislature
HB 2036 would exempt certain amounts of a homestead property’s assessed valuation for certain retired and disabled veterans beginning in tax year 2024. The amount of the exemption would be determined according to the disability rating for a service-connected disability from the U.S. Department of Veterans Affairs as follows:
Be it enacted by the Legislature of the State of Kansas:
Section 1.
(a) (1) All homestead property owned and actually and regularly occupied and used predominantly as a residence by a disabled veteran or any surviving spouse thereof, to the extent herein specified, shall be and is exempt from property or ad valorem taxes levied under the laws of the state of Kansas, as follows:
(2) (A)
(i) Such homestead property used by a disabled veteran who has received at least a 30% but less than 40% disability rating for a service-connected disability from the United States department of veterans affairs, or any surviving spouse thereof, shall be entitled to an exemption of 60% of such homestead property's assessed value.
(ii) Such homestead property used by a disabled veteran who has received a disability rating of at least 40% but less than 50% for a serviceconnected disability from the United States department of veterans affairs, or any surviving spouse thereof, shall be entitled to an exemption of 70% of such homestead property's assessed value.
(iii) Such homestead property used by a disabled veteran who has received a disability rating of at least 50% but less than 60% for a serviceconnected disability from the United States department of veterans affairs, or any surviving spouse thereof, shall be entitled to an exemption of 80% of such homestead property's assessed value.
(iv) Such homestead property used by a disabled veteran who has received a disability rating of at least 60% but less than 70% for a serviceconnected disability from the United States department of veterans affairs, or any surviving spouse thereof, shall be entitled to an exemption of 90% of such homestead property's assessed value.
(B) Such homestead property used by a disabled veteran who is permanently confined to a wheelchair or has received a disability rating of at least 70% for a service-connected disability from the United States department of veterans affairs, or any surviving spouse thereof, shall be exempt from all such taxes.
