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Property tax liability for various taxpayers. Provides that the property tax deduction for surviving spouses of World War I veterans also applies to surviving spouses of veterans of World War II and the Korean War. Freezes the property tax liability attributable to the first $100,000 assessed value of the homestead of a person eligible for full Social Security benefits. Prohibits, for the purpose of raising revenue for purposes that serve only a county school corporation and not other school corporations in the county, the county school corporation from levying property taxes in the territory of the other school corporations.