82R16158 JE-F
By: Callegari, Zerwas, Miller of Erath, H.B. No. 469
Smith of Harris, Fletcher, et al.
Substitute the following for H.B. No. 469:
By: Murphy C.S.H.B. No. 469
A BILL TO BE ENTITLED
AN ACT
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, Tax Code, is amended by adding
Subsection (e) to read as follows:
(e) A person who qualifies for an exemption under Section
11.131 after January 1 of a tax year may receive the exemption for
the applicable portion of that tax year immediately on
qualification for the exemption.
SECTION 2. Section 26.10, Tax Code, is amended by adding
Subsection (c) to read as follows:
(c) If the appraisal roll shows that a residence homestead
exemption under Section 11.131 applicable to a property on January
1 of a year terminated during the year, the tax due against the
residence homestead is calculated by multiplying the amount of the
taxes that otherwise would be imposed on the residence homestead
for the entire year had the individual not qualified for the
exemption under Section 11.131 during the year 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.
SECTION 3. Chapter 26, Tax Code, is amended by adding
Section 26.1125 to read as follows:
Sec. 26.1125. CALCULATION OF TAXES ON RESIDENCE HOMESTEAD
OF 100 PERCENT OR TOTALLY DISABLED VETERAN. (a) If a person
qualifies for an exemption under Section 11.131 after the beginning
of a tax year, the amount of the taxes on the residence homestead of
the person for the tax year is calculated by multiplying the amount
of the taxes that otherwise would be imposed on the residence
homestead for the entire year had the person not qualified for the
exemption under Section 11.131 by a fraction, the denominator of
which is 365 and the numerator of which is the number of days that
elapsed before the date the person qualified for the exemption
under Section 11.131.
(b) If a person qualifies for an exemption under Section
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.