January 9, 2022 – By Jeff Jardine – Some new California laws will give the state’s 1.6 million veterans more of what they need in life and also what they might want after.

More veterans can now get a CalVet home loan at lower and more competitive interest rates. Estates of disabled veterans will find it easier to obtain local property tax exemptions. And finally, deceased veterans can have an American flag with them when they are cremated.

Here are some of the laws Governor Gavin Newsom signed in 2021 to come into effect in 2022:

  • CalVet’s century-old veteran home loan program has received a legislative facelift that will allow the program to better serve a wider population of California veterans. The changes will also allow CalVet Home Loans to offer more competitive market rates, which both increase veteran’s purchasing power by reducing monthly payments and help retain existing veteran borrowers by allowing them to refinance at rates closer to those offered by private sector lenders. Click here to read the full text of the law.
  • Another new law allows the executor, administrator or other legal representative of a living veteran’s estate, or a trustee of a deceased veteran’s trust, to apply for a waiver of tax. Property tax for disabled veterans from the county assessor. Click here to read the full text of the law.
  • And an American military veteran can now be cremated with an American flag. The request to the crematorium must be made by the person or persons having the authority to dispose of the remains of the veteran. The new law exempts the process from the United States Code, which otherwise dictates the protocol involving the removal or elimination of an American flag. Click here to read the full text of the law.
    Source: CalVet