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.
Sponsorship: 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 | |
|
|
||
|
|
||
| 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. | ||
