
SB 296 Update: PASSED the California Assembly!
Major milestone today for California's 100% disabled veteran property tax bill.
SB 296 passed the Assembly on its final floor vote with no "No" votes (64–0).
The bill now heads back to the Senate for concurrence on the Assembly amendments, which include:
- 50% property tax exemption for qualifying 100% disabled veterans.
- 100% exemption for qualifying lower-income disabled veterans.
- Applies to the first $1 million of property value.
- Effective beginning with the January 1, 2027 lien date.
- 5-year sunset (through 2032).
The only major legislative steps remaining are:
- Senate concurrence on the Assembly amendments.
- Governor Newsom's signature.
After following this bill for over a year, it's great to see it make it this far. I'll keep posting updates as it moves toward the Governor's desk.