HB 338: "An Act relating to the municipal property tax exemption on the residence of a senior, a disabled veteran, and a widow or widower of a senior or disabled veteran; and providing for an effective date."
00 HOUSE BILL NO. 338 01 "An Act relating to the municipal property tax exemption on the residence of a senior, a 02 disabled veteran, and a widow or widower of a senior or disabled veteran; and 03 providing for an effective date." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. AS 29.45.030(e) is amended to read: 06 (e) The real property owned and occupied as the primary residence and 07 permanent place of abode by a resident who is (1) [65 YEARS OF AGE OR OLDER; 08 (2)] a disabled veteran; or (2) [(3)] at least 60 years of age and the widow or widower 09 of a person who qualified for an exemption under (1) [OR (2)] of this subsection is 10 exempt from taxation on the first $150,000 of the assessed value of the real property. 11 A municipality may by ordinance [APPROVED BY THE VOTERS] grant the 12 exemption under this subsection to the widow or widower under 60 years of age of a 13 person who qualified for an exemption under (1) [(2)] of this subsection or to a 14 resident who is the widow or widower of a person who dies from a service-connected
01 cause sustained while serving as a member of the United States armed forces or as a 02 member of the National Guard. A municipality may, in case of hardship, provide for 03 exemption beyond the first $150,000 of assessed value in accordance with regulations 04 of the department. Only one exemption may be granted for the same property, and, if 05 two or more persons are eligible for an exemption for the same property, the parties 06 shall decide between or among themselves who is to receive the benefit of the 07 exemption. Real property may not be exempted under this subsection if the assessor 08 determines, after notice and hearing to the parties, that the property was conveyed to 09 the applicant primarily for the purpose of obtaining the exemption. The determination 10 of the assessor may be appealed under AS 44.62.560 - 44.62.570. A municipality shall 11 determine the eligibility requirements and application procedure for an optional 12 exemption provided under this subsection. In this subsection, "widow or widower" 13 means a person whose spouse has died and who has not remarried. 14 * Sec. 2. AS 29.45.050(i) is amended to read: 15 (i) A municipality may by ordinance [APPROVED BY THE VOTERS] 16 exempt from taxation 17 (1) the assessed value that exceeds $150,000 of real property owned 18 and occupied as a permanent place of abode by a resident who is 19 (A) [(1) 65 YEARS OF AGE OR OLDER; (2)] a disabled 20 veteran, including a person who was disabled in the line of duty while serving 21 in the Alaska Territorial Guard; or 22 (B) [(3)] at least 60 years old and a widow or widower of a 23 person who qualified for an exemption under (A) [(1) OR (2)] of this 24 paragraph; or 25 (2) all or part of the assessed value of real property owned and 26 occupied as a permanent place of abode by a resident who is 27 (A) 65 years of age or older; or 28 (B) 60 years of age or older and a widow or widower of a 29 person who qualified for an exemption under (A) of this paragraph 30 [SUBSECTION]. 31 * Sec. 3. This Act takes effect January 1, 2017.