Makes total property tax exemption for 100% disabled veterans retroactive to effective date of determination of total disability; requires State to reimburse municipalities for reimbursement of property taxes paid to veteran.

This bill (S 313) makes property tax exemptions for 100% disabled veterans retroactive to the date they were declared disabled by the U.S. Department of Veterans Affairs. It directly affects veterans with qualifying service-connected disabilities (like paraplegia, blindness, or amputations) who previously paid property taxes on their homes. The key provision requires the state to reimburse municipalities for property taxes paid by these veterans during the retroactive period. This changes the existing law (P.L.1948, c.259) to ensure veterans receive refunds for past taxes, rather than only future exemptions.