84R3724 LEH-D
By: Sheets H.B. No. 683
A BILL TO BE ENTITLED
AN ACT
relating to an exemption from ad valorem taxation of the total
appraised value of the residence homestead of certain disabled
veterans.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. The heading to Section 11.131, Tax Code, is
amended to read as follows:
Sec. 11.131. RESIDENCE HOMESTEAD OF CERTAIN [100 PERCENT OR
TOTALLY] DISABLED VETERANS [VETERAN].
SECTION 2. Section 11.131(b), Tax Code, is amended to read
as follows:
(b) A disabled veteran who receives from the United States
Department of Veterans Affairs or its successor at least 80 [100]
percent disability compensation due to a service-connected
disability and a rating of at least 80 [100] percent disabled or of
individual unemployability is entitled to an exemption from
taxation of the total appraised value of the veteran's residence
homestead.
SECTION 3. The heading to Section 26.1125, Tax Code, is
amended to read as follows:
Sec. 26.1125. CALCULATION OF TAXES ON RESIDENCE HOMESTEAD
OF CERTAIN [100 PERCENT OR TOTALLY] DISABLED VETERANS [VETERAN].
SECTION 4. This Act applies only to ad valorem taxes imposed
for a tax year beginning on or after January 1, 2016.
SECTION 5. This Act takes effect January 1, 2016, but only
if the constitutional amendment proposed by the 84th Legislature,
Regular Session, 2015, authorizing the legislature to exempt all or
part of the residence homesteads of certain disabled veterans from
ad valorem taxation is approved by the voters. If that amendment is
not approved by the voters, this Act has no effect.