Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation 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 on the same property.
Impact
The proposed exemption would specifically apply to the surviving spouse of a 100% or totally disabled veteran, provided certain conditions are met: the spouse must not have remarried, and the property in question must have been the residence homestead at the time of the veteran's death, continuing as the spouse's residence thereafter. By implementing this amendment, the bill seeks to honor and support the families of veterans, ensuring they can maintain their homes without the additional financial strain from property taxes.
Summary
HJR48 proposes a constitutional amendment that allows the Texas Legislature to exempt the residence homestead of a surviving spouse of a 100% or totally disabled veteran from ad valorem taxation. This exemption is intended to be equal to the amount of the exemption that the disabled veteran was entitled to for the same property. The amendment aims to provide financial relief to surviving spouses, ensuring they are not burdened by property taxes following the loss of their partner who served in the military.
Contention
While the intent behind HJR48 is largely seen as supportive of veterans' families, there may be discussions surrounding the fiscal implications of such tax exemptions on local and state revenues. Some might argue that broadening tax exemptions could lead to decreased funding for public services reliant on property tax revenue. Additionally, there could be varying opinions on whether this amendment sufficiently addresses the needs of all veterans or if it excludes important support measures for those who are not classified as totally disabled.
Notable_points
The amendment includes a temporary provision that would take effect on January 1, 2012, and it would apply to tax years beginning on or after that date, expiring on January 1, 2013. Importantly, the proposed constitutional amendment is to be submitted to voters in a general election, which underscores the democratic process in authorizing such changes to Texas state law.
Enabled by
Relating to the exemption from ad valorem taxation of the residence homestead of the surviving spouse of a 100 percent or totally disabled veteran.
TX SJR21
Similar
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 to exempt from ad valorem taxation the total market value of the residence homesteads of certain elderly persons and their surviving spouses.
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.
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.
Proposing a constitutional amendment to exempt from ad valorem taxation the total market value of the residence homesteads of certain elderly persons and their surviving spouses.