Relating to an exemption from ad valorem taxation of the total appraised value of the residence homestead of a veteran or current member of the armed services of the United States while the veteran or current service member participates in a veterans court program.
Impact
If passed, HB 1271 would directly impact the taxation of residential properties owned by qualified veterans and active service members by potentially alleviating their tax burden. This helps ensure that veterans involved in rehabilitative programs are not financially disadvantaged during a crucial period of their lives, enabling them to stabilize and reintegrate into society. The bill may lead to increased financial security for these individuals, thus supporting their successful transition post-service.
Summary
House Bill 1271 is aimed at providing an exemption from ad valorem taxation on the total appraised value of the residence homestead for veterans and current members of the armed services who are participating in veterans court programs. The bill proposes to amend the Tax Code by adding a new section, specifically targeting support for those involved in programs designed to assist military members in avoiding entanglement with the criminal justice system. This exemption applies only during the period when the individual is engaged in these court programs, thereby recognizing their efforts towards rehabilitation and community reintegration.
Contention
While the bill is likely to garner support from various veteran advocacy groups, it does raise some points of contention. Critics might argue about the implications of such tax exemptions on local government revenues and whether such financial benefits could lead to inequities among property taxpayers. The need for balancing support for veterans with the fiscal responsibilities of local governments could create a divisive debate during discussions around the bill's introduction and its anticipated outcomes.
Enabling for
Proposing a constitutional amendment authorizing the legislature to exempt from ad valorem taxation the total assessed value of the residence homestead of a veteran or current member of the armed services of the United States while the veteran or current service member participates in a veterans court program.
Relating to an exemption from ad valorem taxation of the total appraised value of the residence homestead of an unpaid caregiver of an individual who is eligible to receive long-term services and supports under the Medicaid program while the individual is on a waiting list for the services and supports.
Relating to an exemption from ad valorem taxation of the total appraised value of the residence homestead of an unpaid caregiver of an individual who is eligible to receive long-term services and supports under the Medicaid program while the individual is on a waiting list for the services and supports.
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.
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.
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.
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.
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.
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.
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.
Relating to an exemption from ad valorem taxation of the residence homestead of a Congressional Medal of Honor recipient or the surviving spouse of a Congressional Medal of Honor recipient.