Texas House Bill HB113

Texas 2013 - 83rd Regular

• Filed: 11/12/12

Caption

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.

Impact

If enacted, the bill would directly affect the tax liabilities of surviving spouses of disabled veterans in Texas, potentially reducing their property tax bills significantly. The implementation of this bill can lead to increased financial stability for these families, allowing them to maintain their homes without the fear of excessive taxation. By securing these benefits, the state acknowledges the sacrifices made by veterans and provides support to their surviving family members.

Summary

House Bill 113 seeks to amend the Texas Tax Code to provide an exemption from ad valorem taxation for the total appraised value of the residence homestead of a surviving spouse of a 100 percent or totally disabled veteran. This exemption is aimed at easing the financial burden on surviving spouses who have lost their partners due to service-related disabilities. The bill outlines specific conditions under which the surviving spouse can qualify for the exemption, including not having remarried and maintaining the residence as their homestead.

Sentiment

The sentiment surrounding HB 113 appears to be generally positive among lawmakers and the public who support veteran families. Proponents of the bill argue that it reflects a commitment to honoring veterans and providing necessary assistance to their surviving spouses. However, there may be some skepticism regarding the predictability of the funding for such tax exemptions, which could lead to concerns about the potential financial implications for local governments relying on property tax revenues.

Contention

While there is a consensus on the necessity of supporting the families of disabled veterans, the contention lies in the broader impacts of tax exemptions on the community as a whole. Critics may worry about the potential strain on local government budgets and the implications for other residents who may face higher taxes to compensate for these exemptions. The discussion around HB 113 highlights the balancing act between providing necessary support to specific groups and maintaining equitable tax structures for all citizens.