(Sacramento, CA) – The California State Senate today unanimously passed legislation authored by Senator Jeff Stone (R-Riverside County) 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 – previously received unanimous support in the Senate Committee on Appropriations, the Senate Committee on Governance and Finance and the Senate Committee on Veterans Affairs.
Senator Stone’s bill would cap property taxes on the primary residence of honorably discharged veterans over the age of 65.
“Veterans have sacrificed much for our country, and in return local, state, and federal governments need to do everything in their power to help them succeed,” said Senator Stone. “By expanding the current property tax exemption and current reach of the law, California is honoring the sacrifices of our veterans and providing them a way to stay in their homes.”
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.
Senate Bill 364 will now move to the California State Assembly for consideration.