Relating to: allowing renters to claim the veterans and surviving spouses property tax credit. (FE)

SB 618 allows renters who are veterans or surviving spouses to claim the property tax credit based on their rent payments instead of property taxes. The bill amends tax statutes to define "rent constituting property taxes" and permits eligible renters to file for this credit against their income taxes, with unused portions paid via state funds. It specifically applies to renters in veterans' principal dwellings, and couples filing separately can claim 50% of total rent paid. The law takes effect for taxable years beginning January 1, 2026. This expands an existing homeowner-focused credit to include qualifying renters without creating new funding.