property tax; combat veterans; exemption

HCR 2023 (property tax; combat veterans; exemption) creates a full property tax exemption for Arizona combat veterans with a 100% service-connected disability rated by the U.S. Department of Veterans Affairs. Veterans with disabilities not meeting this threshold receive a partial exemption of up to $4,188 annually, adjusted yearly for inflation based on GDP changes. Eligibility requires total household income to stay below $34,901 (no minor children) or $41,870 (with qualifying children), excluding certain benefits like VA pensions. The bill, now passed by the legislature, requires voter approval to become law and amends Arizona’s property tax code (ARS 42-11111).