2022 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Stuart
State Subsidy of Property Tax Exemptions for Disabled Veterans and Surviving Spouses (SB 360)

Item 277 #1s

Item 277 #1s

First Year - FY2023 Second Year - FY2024
Department of the Treasury FY2023 $1,000,000 FY2024 $1,000,000 GF

Page 279, line 15, strike "$54,760,083" and insert "$55,760,083".
Page 279, line 15, strike "$48,336,155" and insert "$49,336,155".


(This amendment provides $1.0 million GF each year as a placeholder pending the fiscal impact statement for SB 360 of the 2022 General Assembly, contingent on its final passage, whereby the Commonwealth would subsidize local real estate tax relief for disabled veterans and surviving spouses of members of the armed forces killed in action when more than one percent of a locality's real estate tax base is lost due to such state-mandated tax relief programs.)