Property Tax - Credit for Dwelling House of Disabled Veterans and Surviving Spouses - Income Eligibility

HB 1611 repeals a fixed $100,000 federal adjusted gross income limit for disabled veterans seeking a property tax credit on their primary residence. Instead, it allows counties and municipalities to set their own income eligibility criteria for the credit, based on a veteran's federal adjusted gross income. The bill directly affects disabled veterans (with service-connected disabilities of 50%+) and their surviving spouses who own their homes. Key provisions shift authority from the state to local governments to determine income thresholds, while maintaining existing credit rates (25% or 50% of property tax) based on disability rating. The change takes effect June 1, 2026, for tax years beginning after that date.