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Show DISABLED VETS EXEMPT FROM CERTAIN TAXES J. A. Miller today reminded all Springville veterans that a State Statute provides for certain property prop-erty tax exemptions for disabled veterans rated at 25 or more, and for the widows and minor children, chil-dren, or the orphaned children of deceased veterans. On the basis of a $3,000 maximum maxi-mum tax valuation limit on property, prop-erty, Sections 4 and 5 of Chapter 2, Title 80 of the 1943 Revised Statutes provides for an exemption ratio in exact proportion to the degree df disability for disabled veterans, with the exception that a veteran must be ,at least 25 disabled to qualify. This means that a veteran with a 30 disability would be exempt from 30 percent of his total property prop-erty tax if assessed valuation of his property is $3,000 or less. He would, of course, pay regular rates on all assessed valuation above the $3,000 valuation. By the same token, a veteran rated with a 100 disability would be exempt from all taxes on the first $3,000 of his property valuation. valua-tion. The VA further points out that disabilities do not have to be service connected for the law to apply. The same act further provides that the widows and minor chil-drn, chil-drn, or orphaned minor children of deceased veterans are exempt from all property taxes up to the $3,000 assessed limitation. The law applies here regardless of the time or cause of the veteran's death. For instance, the widow of a World War I veteran who had just been killed accidentally would qualify under the Act. Applications for tax exemptions . under the law may be secured from I the county Auditor. j |