Relating to the eligibility of the surviving spouse of a person who is disabled to receive a limitation of school district ad valorem taxes on the person's residence homestead.
Impact
If enacted, HB875 would expand the tax relief provided to the surviving spouses of disabled individuals, thereby alleviating financial burdens related to property taxes. This change would apply only to school district ad valorem taxes, making it a targeted provision rather than a comprehensive tax reform. The bill is designed to ensure that surviving spouses can remain in their homes without facing increased tax liabilities as a result of their spouse's death.
Summary
House Bill 875 seeks to amend the eligibility criteria for ad valorem tax limitations for the surviving spouses of individuals with disabilities. Under the current law, a surviving spouse may not be eligible for such tax limitations following the death of the disabled individual unless they meet specific age requirements. The bill proposes to allow a surviving spouse who is at least 55 years old to inherit the same tax exemption benefits that the deceased spouse received, provided that the residence has been the homestead for both individuals.
Conclusion
In summary, HB875 represents a legislative effort to amend property tax laws in favor of providing equity to surviving spouses of individuals with disabilities. The bill's passage would depend on public support and the approval of necessary constitutional amendments, ensuring that the ongoing balance between fiscal responsibility and social support remains a key focus in legislative discussions.
Contention
While the bill primarily seeks to provide financial support to those affected, it may raise questions of budget impacts for local school districts, which rely on property tax revenues. Proponents of HB875 may argue that supporting disabled individuals and their families is a critical social responsibility. However, opponents might critique the potential loss of revenue that could disrupt funding for education and other vital public services, emphasizing the need for a balanced approach to tax exemptions.
Enabling for
Proposing a constitutional amendment to allow the surviving spouse of a person who is disabled to receive a limitation on school district ad valorem taxes on the person's residence homestead if the spouse is 55 years of age or older at the time of the person's death.
Relating to the establishment of a limitation on the total amount of ad valorem taxes that a county may impose on the residence homesteads of individuals who are disabled or elderly 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.
Relating to the authority of a taxing unit other than a school district to establish a limitation on the amount of ad valorem taxes that the taxing unit may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.
Relating to the authority of a taxing unit other than a school district to establish a limitation on the amount of ad valorem taxes that the taxing unit may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.
Relating to the establishment of a limitation on the total amount of ad valorem taxes that certain taxing units may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.
Relating to the establishment of a limitation on the total amount of ad valorem taxes that certain taxing units may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.
Relating to the establishment of a limitation on the total amount of ad valorem taxes that certain taxing units may impose on the residence homesteads of individuals who are disabled or elderly and their surviving spouses.
Proposing a constitutional amendment establishing a limitation on the total amount of ad valorem taxes that certain political subdivisions may impose on the residence homesteads of persons who are disabled or elderly and their surviving spouses.
Proposing a constitutional amendment establishing a limitation on the total amount of ad valorem taxes that certain political subdivisions may impose on the residence homesteads of persons who are disabled or elderly and their surviving spouses.
Proposing a constitutional amendment establishing a limitation on the total amount of ad valorem taxes that certain political subdivisions may impose on the residence homesteads of persons who are disabled or elderly and their surviving spouses.