Louisiana Senate Bill SB337

Louisiana 2012 Regular Session

• Introduced: 3/12/12
• Refer: 3/12/12
• Report Pass: 5/1/12
• Engrossed: 5/7/12
• Refer: 5/8/12
• Refer: 5/21/12
• Refer: 5/22/12
• Enrolled: 6/4/12
• Chaptered: 6/15/12
• Passed: 6/15/12

Caption

Constitutional amendment to provide for the property tax exemption for certain disabled veterans to apply to the spouses of such veterans if the veterans passed away prior to the enactment of the exemption. (1/1/13) (EN SEE FISC NOTE LF RV See Note)

Impact

If approved, SB337 would significantly affect state laws surrounding ad valorem property tax exemptions by ensuring that spouses of deceased veterans can retain tax relief benefits. This could lead to a decreased tax burden for these families, aiding them financially and recognizing their service-related sacrifices. The legislation is anticipated to provide an additional layer of support for veterans' families, particularly those who may face financial difficulties after the loss of their spouse.

Summary

SB337 proposes a constitutional amendment designed to extend property tax exemptions to the surviving spouses of certain disabled veterans. Specifically, this measure aims to allow the exemption benefits to continue for spouses if the veteran passed away before the enactment of the exemption. The amendment seeks to amend Article VII, Section 21(K)(1) of the Louisiana Constitution to specify that if the property was occupied and owned by a veteran with a 100% service-connected disability rating, their surviving spouse would be eligible for the same exemption provided the property was still occupied and owned by them, regardless of whether the exemption was in place before the veteran's death.

Sentiment

The sentiment around SB337 appears to be supportive as it underscores a commitment to honoring the sacrifices of veterans and their families. Many stakeholders, including veteran advocacy groups and lawmakers, have voiced their approval for the bill, indicating that it reflects a societal responsibility to provide for the families of servicemen and women. This positive sentiment highlights a consensus about the importance of recognizing and supporting veterans, although it should be noted that conversations around fiscal implications may arise.

Contention

While the overall sentiment towards SB337 is favorable, potential points of contention may focus on the financial implications of extending these tax exemptions. Critics may argue that such measures could impact local government funding, as property taxes are a significant source of revenue for local services. Therefore, discussions are likely to involve balancing the need for support for veterans' families with the fiscal realities faced by local governments.