Exempting Military Retirement from Income Taxes
All retirement income received from the US Armed Services would be exempt from state income tax. Only 3 states – including California – still fully tax military retirement pay. This policy would make California more competitive with the rest of the United States when it comes to retaining retired veterans in state and their unique job skills acquired during their service.
Housing California’s Heroes Program
An Executive Order would be used to create Housing California’s Heroes Program with a statewide plan to eliminate veteran homelessness in California under the California Department of Veterans Affairs. This would follow San Diego’s nationally recognized “Housing our Heroes” program statewide. This alone will significantly reduce the 11,000 homeless veterans living in California by leveraging federal resources.
Increasing County Veteran Service Office Funding
State funding to County Veteran Service Offices (CVSO) would be increased by $6 million per year to better serve California veterans dealing with VA and Department of Defense and attract more federally-funded veteran benefits to California.
Doubling the Amount for the Disabled Veterans Property Tax Exemption
The Disabled Veterans Property Tax Exemption would be doubled to approximately $300,000 and about $500,000 for low-income veterans so they can afford to stay in California. This increased property tax exemption will apply to individuals rated 100% disabled veterans as defined by the VA.