New Prop Tax Exemptions To Be Available For Some Veterans
New Prop Tax Exemptions To Be Available For Some Veterans
Nevada County’s Assessor is reminding disabled veterans of existing property tax relief as new, expanded exemptions prepare to take effect in early 2027.
As Veterans Day approaches tomorrow (Wed.), Nevada County’s Assessor is reminding qualified disabled vets about property tax relief that’s available each year. And new exemptions are also going into effect on January first, under a new state law. Rolf Kleinhans says around 600 veterans in the county qualify, after being determined to be 100-percent disabled. Current exemptions have two levels. The basic reduction is 180-thousand-671-dollars…
Meanwhile, Kleinhans says the new state law taking effect at the beginning of 2027 expands property tax relief. Depending on eligibility and household income, it may provide an exemption of 50-percent or 100-percent of the first one-million dollars of a qualifying property’s assessed value. There is also a safety clause…
Kleinhans says no action by qualifying disabled veterans is needed at this time. He says the Assessor’s Office will provide additional information, including claim forms and filing instructions, once guidance is available from the California State Board of Equalization.
More from Community News
Local Author Showcase Returns To Madelyn Helling Library
Celebrate local talent at the second annual Author Showcase this Saturday at the Madelyn Helling Library, featuring 50 writers, book signings, and publishing panels from 11 a.m. to 3 p.m.
Bright Futures Exec Director Singer Honored Recently By Community
Community leaders gathered to honor Bright Futures for Youth founder Jennifer Singer as she steps down after 22 years of transformative leadership. Development Director Sienna Crawford will take the helm on January 1.
Grass Valley Man Gets Governor Appointment
Governor Newsom has appointed Grass Valley’s Kacey Hadick, a specialist in digital heritage preservation, to the State Historical Resources Commission.