The benefits for this exemption will increase as follows:
Veterans or surviving spouses of veterans with at least 30% service-connected disability, but less than 50%, will receive a $2,500 annual exemption (reduction to equalized assessed value (EAV).
Veterans or surviving spouses of veterans with a service-connected disability of 50%, but less than 70%, will receive a $5,000 annual exemption (reduction to EAV).
Veterans or surviving spouses of veterans with a service-connected disability of 70% or more will be exempt from paying property taxes on their primary residences (100% reduction in EAV).
Surviving spouses of veterans who are killed in the line of duty will receive additional property tax relief to assist families in maintaining their homes. A 100% reduction to the EAV on the primary residence will be available for surviving spouses of veterans who are killed in the line of duty.