HB579--TAXCREDITSFORVETERANS
SPONSOR: Schnelting
ForalltaxyearsbeginningJanuary1,2024,aveteranorsurviving
spouseofaveteranisallowedtoclaimanonrefundabletaxcredit
againstthetaxpayer'sstatetaxliabilityinanamountequalto
$5,000oranamountuptotheaggregateamountofthetaxpayer's
realestateandpersonalpropertytaxburden,whicheverisgreater.
Thetaxcreditcannotbeassigned,transferred,soldorotherwise
conveyed.
Thisbillsunsetssixyearsaftertheeffectivedate.