Relates to the alternative veterans property tax exemption

This bill expands the alternative veterans property tax exemption to include active-duty military personnel. It defines "active military service" to cover full-time duty in the Army, Navy, Air Force, and Coast Guard, allowing these individuals to apply for the exemption. However, the exemption is not automatic; local governments must hold public hearings and pass a specific resolution to extend the benefit to active-duty service members. The changes will take effect on January 1st following the bill's enactment and apply to property assessments based on taxable status dates after that effective date.