A More Affordable California
Property Tax Exemption Bill
by Senator Morrell clears first committee
Wednesday, April 3, 2019__
While higher costs of living and an
increasingly competitive job market are realities faced by many Californians up
and down the state, these challenges often hit California’s Disabled Veterans hardest.
With these realities in mind, Senator Mike
Morrell (R-Rancho Cucamonga) is authoring a pair of Bills to ease the burdens
facing California’s Disabled Veterans. SB 500
and SB 562 will increase job opportunities while working to keep the cost of
housing more maintainable.
In that effort, the
Senate Committee on Governance and Finance has unanimously approved SB 562.
“California sends more men and women into
military service than almost any other state,” said Morrell. “Unfortunately,
many return home unable to perform the jobs they did in the Armed Forces. We
need to ensure these service members have every opportunity to achieve the
American Dream that they fought for.”
SB 562 will increase the current Basic Property Tax Exemption for Disabled Veterans to keep up with the
rise in California home prices and cost of living. The median home price in California
is approximately $540,000. Property taxes for a home this value exceed more
than $5,000 per year.
The measure is sponsored by Homes For Our
Troops, a non-profit that builds new homes to
meet the needs of Disabled Veterans. It is also supported by Disabled American
Veterans Department of California.
SB 500 is a first-of-its-kind- Veterans’ education Bill for disabled veterans to
attain graduate-level degrees. The Bill
will create an education program through California’s Department of Veterans
Affairs (CalVet) that extends housing and tuition assistance to Veterans with a
disability rating above 50 percent while they are enrolled in any program,
internship, or fellowship that earn credits towards a Master’s Degree.
Along with a rise in housing costs, Veterans
are also returning home to a job market demanding different skill-sets.
According to a recent survey from CareerBuilder, nearly a third of employers
are bumping up education requirements for new hires, while 27 percent are
recruiting those who hold Master’s Degree for positions that used to only require
Senator Morrell is also a co-author of SB 663, which would expand property tax exemptions for Veterans
Service Organizations (VSO). Although VSOs already receive property tax
exemptions for some properties, this Bill would expand the exemption to cover
lodges and other multi-purpose facilities where organizations often find the
best uses for treatments, recovery, and fundraising.
The Bill passed the Senate
Committee on Governance and Finance on March 27, 2019.
All three Bills are supported by numerous Veterans
organizations and will be considered by the Senate Committee on Veterans
Affairs later in April 2019.