Establishes a real property tax exemption for veterans with a 100 percent service connected disability

This bill allows local governments to offer a full real property tax exemption for the primary homes of veterans with a 100 percent service-connected disability. To qualify, the veteran must have been honorably discharged, be rated as permanently and totally disabled by the Department of Veterans Affairs, and be considered individually unemployable. The exemption also extends to LGBT veterans who meet the same disability and discharge criteria. If passed, the law would apply to property tax assessments starting on or after January 2, 2024.