Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of the residence homestead of the surviving spouse of a 100 percent or totally disabled veteran in an amount equal to the amount of the residence homestead exemption to which the disabled veteran was entitled.
Impact
The passage of HJR40 would have a notable impact on state law regarding property taxation and veterans' benefits. By allowing the legislature to create a tax exemption for the surviving spouses of disabled veterans, the bill aims to lessen the financial burden faced by these individuals during an already challenging time. This amendment would alter Section 1-b of Article VIII of the Texas Constitution, specifically tailored to honor the service of disabled veterans and offer some level of economic support to their families.
Summary
HJR40 proposes a constitutional amendment that would authorize the Texas legislature to exempt the residence homestead of the surviving spouse of a 100 percent or totally disabled veteran from ad valorem taxation. This exemption would amount to the same amount the disabled veteran was entitled to receive while alive, provided that the surviving spouse has not remarried since the veteran's death. The intent behind this bill is to provide financial relief to the families of veterans who have made significant sacrifices for the country.
Sentiment
The sentiment surrounding HJR40 appears to be largely positive, particularly among legislators and groups advocating for veterans' issues. Supporters view the measure as a necessary recognition of the sacrifices made by veterans and their families, calling the exemption a just and honorable benefit. However, there may also be some concerns regarding the potential fiscal implications of providing such exemptions and how it would affect local tax revenues. Overall, the discourse aligns with a general appreciation for supporting veterans’ families.
Contention
While most discussions surrounding HJR40 have focused on its potential benefits, some points of contention may arise regarding the allocation of tax revenues and property tax burdens on those who do not receive similar exemptions. Critics may argue that expanding tax exemptions could result in additional pressures on local budgets and tax systems, which may need to be addressed to ensure equitable treatment of all residents. Nonetheless, proponents argue that honoring the sacrifices of disabled veterans far outweighs these concerns.
Enabled by
Relating to an exemption from ad valorem taxation of the residence homestead of the surviving spouse of a 100 percent or totally disabled veteran.
TX SJR21
Identical
Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of the residence homestead of the surviving spouse of a 100 percent or totally disabled veteran in an amount equal to the amount of the residence homestead exemption to which the disabled veteran was entitled.
Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of all or part of the market value of the residence homestead of the surviving spouse of a 100 percent or totally disabled veteran regardless of whether the property was the residence homestead of the surviving spouse when the disabled veteran died.
Relating to the exemption from ad valorem taxation of the total appraised value of the residence homestead of the surviving spouse of a 100 percent or totally disabled veteran.
Proposing a constitutional amendment to increase the amount of the exemption of residence homesteads from ad valorem taxation by a school district and to adjust the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect increases in the exemption amount.
Proposing a constitutional amendment to increase the amount of the exemption of residence homesteads from ad valorem taxation by a school district and to adjust the amount of the limitation on school district ad valorem taxes imposed on the residence homesteads of the elderly or disabled to reflect increases in the exemption amount.
Proposing a constitutional amendment providing for an exemption from ad valorem taxation for public school purposes of a dollar amount or a percentage, whichever is greater, of the market value of a residence homestead and providing for an adjustment of the limitation on the total amount of ad valorem taxes that may be imposed for those purposes on the homestead of a person who is elderly or disabled to reflect increases in the exemption amount.
Proposing a constitutional amendment providing for an exemption from ad valorem taxation for public school purposes of a dollar amount or a percentage, whichever is greater, of the market value of a residence homestead and providing for an adjustment of the limitation on the total amount of ad valorem taxes that may be imposed for those purposes on the homestead of a person who is elderly or disabled to reflect increases in the exemption amount.
Proposing a constitutional amendment providing for an adjustment of the limitation on the total amount of ad valorem taxes that may be imposed by a school district on the residence homestead of a person who is elderly or disabled to reflect the most recent increase in the amount of the exemption of residence homesteads from ad valorem taxation by a school district.
Relating to the provision of state aid to certain local governments to offset the cost of the exemption from ad valorem taxation of the residence homestead of a 100 percent or totally disabled veteran.
Proposing a constitutional amendment establishing a limitation on the total amount of ad valorem taxes that a county may impose on the residence homesteads of persons who are disabled or elderly and their surviving spouses.
Relating to an exemption from ad valorem taxation of the total appraised value of the residence homesteads of certain elderly persons and their surviving spouses.