81R3823 UM-D
By: Flores H.B. No. 742
A BILL TO BE ENTITLED
AN ACT
relating to an exemption from ad valorem taxation of the residence
homesteads of certain totally disabled veterans and to the amount
of the exemption from ad valorem taxation to which a disabled
veteran is entitled based on disability rating.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter B, Chapter 11, Tax Code, is amended by
adding Section 11.131 to read as follows:
Sec. 11.131. RESIDENCE HOMESTEAD OF 100 PERCENT OR TOTALLY
DISABLED VETERAN. (a) In this section:
(1) "Disabled veteran" has the meaning assigned by
Section 11.22.
(2) "Residence homestead" has the meaning assigned by
Section 11.13.
(b) A disabled veteran who receives from the United States
Department of Veterans Affairs or its successor 100 percent
disability compensation due to a service-connected disability and a
rating of 100 percent disabled or of individual unemployability is
entitled to an exemption from taxation of the total appraised value
of the veteran's residence homestead.
SECTION 2. Section 11.22(a), Tax Code, is amended to read as
follows:
(a) A disabled veteran is entitled to an exemption from
taxation of a portion of the assessed value of a property the
veteran owns and designates as provided by Subsection (f) [of this
section] in accordance with the following schedule:
for a disability rating of
an exemption of
up to: at least: but less [not greater] than: up to: at least: but less [not greater] than:
up to: at least: but less [not greater] than:
$5,000 of the 10% 30% $5,000 of the 10% 30%
$5,000 of the 10% 30%
assessed value assessed value
assessed value
7,500 30 [31] 50 7,500 30 [31] 50
7,500 30 [31] 50
10,000 50 [51] 70 10,000 50 [51] 70
10,000 50 [51] 70
12,000 70 [71] and over 12,000 70 [71] and over
12,000 70 [71] and over
SECTION 3. 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 11.131, Tax Code, in the
year that is the subject of the study is not considered to be
taxable property.
SECTION 4. Section 11.131, Tax Code, as added by this Act,
applies only to ad valorem taxes imposed for a tax year beginning on
or after the effective date of this Act.
SECTION 5. This Act takes effect January 1, 2010.
up to: at least: but less [not greater] than:
$5,000 of the 10% 30%
assessed value
7,500 30 [31] 50
10,000 50 [51] 70
12,000 70 [71] and over