Bill Text: TX HB780 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to a study by the Legislative Budget Board of the effect of ad valorem tax exemptions for certain veterans and their surviving spouses and children on local and state revenue and the state's economy.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-03-18 - Withdrawn from schedule [HB780 Detail]
Download: Texas-2013-HB780-Introduced.html
83R2930 CJC-D | ||
By: Farias | H.B. No. 780 |
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relating to a study by the Legislative Budget Board of the effect of | ||
ad valorem tax exemptions for certain veterans and their surviving | ||
spouses and children on local and state revenue and the state's | ||
economy. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. DEFINITION. In this Act, "board" means the | ||
Legislative Budget Board. | ||
SECTION 2. STUDY OF EFFECT OF EXEMPTIONS. (a) The board | ||
shall conduct a comprehensive study to determine the effect of the | ||
exemption described by Subsection (b) of this section on local and | ||
state revenue and the state's economy. | ||
(b) The exemption would exempt from ad valorem taxation | ||
$5,000 of the assessed value of a property owned by a veteran of the | ||
armed services of the United States if the veteran is a resident of | ||
this state and: | ||
(1) served on active duty during: | ||
(A) World War II; | ||
(B) the national emergency that began on June 27, | ||
1950, and that is referred to as the Korean War; | ||
(C) the conflict in Vietnam, which began on | ||
December 21, 1961, and ended on May 7, 1975; | ||
(D) the Persian Gulf War, which began on August | ||
2, 1990, and ended on April 6, 1991; or | ||
(E) the military operations against Afghanistan | ||
or Iraq that began after September 11, 2001; or | ||
(2) was awarded, as a result of the veteran's service | ||
in the armed services, any of the following medals: | ||
(A) the Armed Forces Expeditionary Medal; | ||
(B) the Navy Expeditionary Medal; | ||
(C) the Marine Corps Expeditionary Medal; or | ||
(D) the Global War on Terrorism Expeditionary | ||
Medal. | ||
(c) In conducting the study, the board shall consider the | ||
additional effect on local and state revenue and the state's | ||
economy if on the death of the veteran receiving the exemption: | ||
(1) the veteran's surviving spouse is entitled to | ||
receive an exemption from taxation of a portion of the assessed | ||
value of property the surviving spouse owns in the amount of the | ||
veteran's exemption at the time of the veteran's death for as long | ||
as the surviving spouse remains unmarried; or | ||
(2) each of the veteran's surviving children who are | ||
under 18 years of age and unmarried are entitled to receive an | ||
exemption from taxation of a portion of the assessed value of | ||
property the child owns in the amount of the veteran's exemption at | ||
the time of the veteran's death, if the veteran does not leave a | ||
surviving spouse. | ||
SECTION 3. REPORT. Not later than December 1, 2014, the | ||
board shall submit a report of the results of the study to the | ||
lieutenant governor, the speaker of the house of representatives, | ||
and the presiding officer of each standing committee of the senate | ||
and house of representatives having primary jurisdiction over | ||
matters affecting tax revenue. The report must: | ||
(1) describe the methods used by the board to | ||
determine the effect of the exemptions described by Section 2 of | ||
this Act on local and state revenue and the state's economy; | ||
(2) state in a dollar amount the estimated effect on | ||
local and state revenue of: | ||
(A) the exemption described by Section 2(b) of | ||
this Act; and | ||
(B) the exemption described by Section 2(c) of | ||
this Act; and | ||
(3) include a complete discussion of: | ||
(A) the effect of any reduction in the amount of | ||
available local revenue attributable to the exemptions described by | ||
Section 2 of this Act on: | ||
(i) school district staffing levels and the | ||
diversity of educational and extracurricular programs offered by | ||
school districts; and | ||
(ii) social services programs offered to | ||
the public by counties, municipalities, and other local taxing | ||
units; and | ||
(B) the effect of any aid that school districts | ||
may be entitled to receive under state law as a result of the | ||
exemptions described by Section 2 of this Act on: | ||
(i) the state's current and long-term | ||
economic health; and | ||
(ii) the continued operation of social | ||
services programs currently offered by the state to the public. | ||
SECTION 4. EXPIRATION DATE. This Act expires January 1, | ||
2015. | ||
SECTION 5. EFFECTIVE DATE. This Act takes effect | ||
immediately if it receives a vote of two-thirds of all the members | ||
elected to each house, as provided by Section 39, Article III, Texas | ||
Constitution. If this Act does not receive the vote necessary for | ||
immediate effect, this Act takes effect September 1, 2013. |