Relates to real property tax exemptions for disabled veterans

S 6559 would allow local governments (counties, cities, towns, villages, or school districts) to provide a 100% property tax exemption for veterans who served in combat zones and are 100% permanently disabled due to military service, or their unmarried surviving spouses. This exemption would apply directly to the property tax bill for eligible veterans, bypassing any local limits on standard property tax exemptions. Localities would choose whether to implement this option, and the exemption would apply to properties assessed on or after January 1, 2025. The bill does not require localities to adopt this exemption but provides a new option for those that choose to do so.