Bill Text: TX HB767 | 2011-2012 | 82nd Legislature | Introduced
Bill Title: Relating to an exemption from ad valorem taxation of the residence homesteads of certain totally disabled veterans.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2011-02-22 - Referred to Ways & Means [HB767 Detail]
Download: Texas-2011-HB767-Introduced.html
By: Lozano | H.B. No. 767 |
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relating to an exemption from ad valorem taxation of the residence | ||
homesteads of certain totally disabled veterans. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 11.13, Tax Code, is amended by adding | ||
Subsection (s) to read as follows: | ||
(s) In this subsection, "disabled veteran" has the meaning | ||
assigned by Section 11.22. A disabled veteran who is classified as | ||
having a service-connected disability with a disability rating of | ||
100 percent or of totally disabled is entitled to an exemption from | ||
taxation of the total appraised value of the veteran's residence | ||
homestead. | ||
SECTION 2. Section 403.302, Government Code, is amended by | ||
adding Subsection (d-1) to read as follows: | ||
(d-1) For purposes of Subsection (d), a residence homestead | ||
that receives an exemption under Section 11.13(s), Tax Code, in the | ||
year that is the subject of the study is not considered to be | ||
taxable property. | ||
SECTION 3. This Act applies only to ad valorem taxes imposed | ||
for a tax year beginning on or after the effective date of this Act. | ||
SECTION 4. This Act takes effect January 1, 2012. |