Senator Stone Proposes Tax Relief for California Veterans

Thursday, February 21, 2019

Sacramento, Ca – Senator Jeff Stone (R-Riverside County) has introduced legislation to provide needed and deserved tax relief to those who have worn this nation’s uniform and served it faithfully.

Senate Bill 364, the Veterans Tax Relief bill, attempts to deal with the problem of homeless veterans by capping the property taxes on the primary residence of honorably discharged veterans over age 65. The bill also exempts the property tax of all 100 percent disabled veterans living in their primary residence.

“It’s been said that a military veteran is someone who, at one point in their life, wrote a blank check made payable to the United States of America for an amount of up to and including their life,” said Senator Stone. “As these men and women become senior citizens the least we can do is offer them the financial stability this legislation provides.”

“Many veterans who are, or will soon become, senior citizens served America during the Vietnam and Korean wars, a time when our nation often did not show these men and women the respect they deserved,” the Senator said. 

“These veterans didn’t stop serving when their military days were behind them,” said Senator Stone. “They raised families, used their skills to open businesses -- both small and large -- volunteered in their communities and continued to make the country they once protected a better place. Now, as senior citizens, these men and women deserve the best we can give them.”

Senate Bill 364 is similar to SB 1104 which the Senator introduced in 2016. That bill received bi-partisan support but was held in the Senate Appropriations Committee before it could be heard by the entire legislature.

“I’m hoping this year that members of the Legislature will stand up and support this common sense and compassionate legislation to bring tax relief to our veterans who have done so much for all of  us,” said Senator Stone.

Senator Stone is urging all California Veterans, Veterans organizations and other interested residents to contact their State legislators to let them know they support SB 364.