Texas 2013 - 83rd Regular

Texas Senate Bill SB1552

Voted on by Senate
 
Out of House Committee
 
Voted on by House
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to an exemption from ad valorem taxation by a county of a portion of the value of the residence homestead of a veteran who has been honorably discharged.

Impact

The enactment of SB1552 would lead to a revision in the Texas Tax Code, specifically regarding how counties can tax the properties of certain veterans. If approved, it would provide many veterans with substantial financial relief, as ad valorem taxes can be a significant part of property expenses. However, the bill also stipulates that the exemption cannot be combined with another exemption for the same homeowner, ensuring that veterans can only benefit from the most advantageous option available to them at a given time.

Summary

SB1552 proposes an exemption from ad valorem taxation for veterans who have been honorably discharged from the U.S. armed services. Specifically, the bill introduces a $10,000 exemption on the appraised value of a veteran's residence homestead, which can be increased based on provisions allowed by the county's commissioners court. This legislation is designed to support veterans by alleviating some of the financial burdens associated with property taxes on their primary residences, thereby recognizing their service to the country.

Sentiment

The general sentiment surrounding SB1552 appears to be positive, especially among veteran advocacy groups and legislators who prioritize supporting military personnel. The bipartisan acknowledgment of the sacrifices made by veterans tends to foster favorable discourse around measures that aim to ease their financial burdens. However, there could be potential concerns about the broader impacts on county funding due to the loss of tax revenue from these exemptions, which has led to discussions about the balance between providing relief to veterans and maintaining vital public services.

Contention

While the bill enjoys support, there are notable points of contention regarding its financial implications for local governments. Critics may argue that the reduction in ad valorem tax revenues could strain county budgets, affecting local services and infrastructure. Moreover, some stakeholders might express concern about the adequacy of funding for non-military residents who do not receive the same tax benefits, raising questions about equity in property taxation. Additionally, the requirement for a constitutional amendment could lead to ongoing debates about its necessity and the implications of such changes.

Companion Bills

TX SJR59

Enabling for Proposing a constitutional amendment to exempt from county ad valorem taxation a portion of the value of the residence homestead of a veteran of the United States armed services who has been honorably discharged.

TX HB3132

Identical Relating to an exemption from ad valorem taxation by a county of a portion of the value of the residence homestead of a veteran who has been honorably discharged.

Previously Filed As

TX HB3973

Relating to an exemption from ad valorem taxation of a portion of the appraised value of the residence homesteads of certain elderly persons and their surviving spouses.

TX HB207

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.

TX HB5134

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.

TX HB215

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.

TX HB96

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.

TX HB68

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.

TX HB419

Relating to an exemption from ad valorem taxation by a taxing unit other than a school district of a portion of the appraised value of a residence homestead based on the average appraised value in the preceding tax year of all qualified residence homesteads located in the same county.

TX HB582

Relating to an exemption from ad valorem taxation by certain taxing units of a portion of the appraised value of the residence homestead of the parent or guardian of a person who is disabled and who resides with the parent or guardian.

TX SB546

Relating to the authority of the governing body of a taxing unit other than a school district to adopt an exemption from ad valorem taxation of a portion, expressed as a dollar amount, of the appraised value of an individual's residence homestead and to the authority of the governing body of any taxing unit that has adopted an exemption from ad valorem taxation of a percentage of the appraised value of an individual's residence homestead to reduce the amount of or repeal the exemption.

TX HB5293

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.

Similar Bills

No similar bills found.