SB 5735 - DIGEST

     Declares the following property is exempt from taxation:  All real and personal property of a widow or widower of a deceased member of the armed forces of the United States who died as a result of a service-connected disability, substantiated by the United States veterans administration, or a member of the armed forces of the United States who died while serving on active military service, up to one hundred fifty thousand dollars of assessed valuation by the county in which the property is situated, if the property is the main domicile of the widow or widower making application for the exemption and subject to the following conditions:  (1) The applicant may not have remarried; and

     (2) if the applicant is no longer the owner of the property, the exemption may be carried over to a new domicile of the applicant if the property is sold.