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Mon November 12, 2012
Voters Approve Veteran Tax Breaks In Time For Veterans Day
Just before Veterans Day, the results of November's election provided some relief for veterans and their spouses in Florida.
Among the many measures up for vote on this year's long and complicated ballot, were two tax exemptions aimed at helping out military families. Those two measures were among three that actually passed last week. There were 11 ballot measures in total.
The first one, Amendment 2, now gives counties and municipalities the option of offering an additional combat-related property tax exemption for totally or partially disabled veterans who were not Florida residents when they entered the military.
According to the Florida Department of Veteran Affairs, the maximum number of veterans who will qualify for this exemption is 74,000.
The second amendment, Amendment 9, now allows counties and municipalities in Florida to offer a total or partial property tax exemption to the spouses of military veterans or first responders who died in the line of duty.
The Florida Roundup
Live Blog: Election 2012