Bill Text: TX SB201 | 2011-2012 | 82nd Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the calculation of ad valorem taxes on the residence homestead of a 100 percent or totally disabled veteran for the tax year in which the veteran qualifies or ceases to qualify for an exemption from taxation of the homestead.
Spectrum: Slight Partisan Bill (Democrat 5-3)
Status: (Passed) 2011-06-17 - Effective on 1/1/12 [SB201 Detail]
Download: Texas-2011-SB201-Introduced.html
Bill Title: Relating to the calculation of ad valorem taxes on the residence homestead of a 100 percent or totally disabled veteran for the tax year in which the veteran qualifies or ceases to qualify for an exemption from taxation of the homestead.
Spectrum: Slight Partisan Bill (Democrat 5-3)
Status: (Passed) 2011-06-17 - Effective on 1/1/12 [SB201 Detail]
Download: Texas-2011-SB201-Introduced.html
82R477 JE-D | ||
By: Uresti | S.B. No. 201 |
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relating to the calculation of ad valorem taxes on the residence | ||
homestead of a 100 percent or totally disabled veteran for the tax | ||
year in which the veteran qualifies or ceases to qualify for an | ||
exemption from taxation of the homestead. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 11.42(c), Tax Code, is amended to read as | ||
follows: | ||
(c) An exemption authorized by Section 11.13(c) or (d) or | ||
11.131 is effective as of January 1 of the tax year in which the | ||
person qualifies for the exemption and applies to the entire tax | ||
year. | ||
SECTION 2. Section 26.10(b), Tax Code, is amended to read as | ||
follows: | ||
(b) If the appraisal roll shows that a residence homestead | ||
exemption authorized by Section 11.13(c) or (d) or 11.131 [ |
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January 1 of a year terminated during the year and if the owner of | ||
the property qualifies a different property for one of those | ||
residence homestead exemptions during the same year, the tax due | ||
against the former residence homestead is calculated by: | ||
(1) subtracting: | ||
(A) the amount of the taxes that otherwise would | ||
be imposed on the former residence homestead for the entire year had | ||
the owner [ |
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exemption for the entire year; from | ||
(B) the amount of the taxes that otherwise would | ||
be imposed on the former residence homestead for the entire year had | ||
the owner [ |
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exemption during the year; | ||
(2) multiplying the remainder determined under | ||
Subdivision (1) by a fraction, the denominator of which is 365 and | ||
the numerator of which is the number of days that elapsed after the | ||
date the exemption terminated; and | ||
(3) adding the product determined under Subdivision | ||
(2) and the amount described by Subdivision (1)(A). | ||
SECTION 3. Section 26.112, Tax Code, is amended to read as | ||
follows: | ||
Sec. 26.112. CALCULATION OF TAXES ON RESIDENCE HOMESTEAD OF | ||
ELDERLY OR DISABLED PERSON. (a) Except as provided by Section | ||
26.10(b), if at any time during a tax year property is owned by an | ||
individual who qualifies for an exemption under Section 11.13(c) or | ||
(d) or 11.131, the amount of the tax due on the property for the tax | ||
year is calculated as if the individual [ |
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exemption on January 1 and continued to qualify for the exemption | ||
for the remainder of the tax year. | ||
(b) If an individual [ |
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under Section 11.13(c) or (d) or 11.131 with respect to the property | ||
after the amount of the tax due on the property is calculated and | ||
the effect of the qualification is to reduce the amount of the tax | ||
due on the property, the assessor for each taxing unit shall | ||
recalculate the amount of the tax due on the property and correct | ||
the tax roll. If the tax bill has been mailed and the tax on the | ||
property has not been paid, the assessor shall mail a corrected tax | ||
bill to the person in whose name the property is listed on the tax | ||
roll or to the person's authorized agent. If the tax on the | ||
property has been paid, the tax collector for the taxing unit shall | ||
refund to the person who paid the tax the amount by which the | ||
payment exceeded the tax due. | ||
SECTION 4. This Act applies only to an ad valorem tax year | ||
that begins on or after the effective date of this Act. | ||
SECTION 5. This Act takes effect January 1, 2012. |