| 1 | 1 | | 85R6504 LHC-D |
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| 2 | 2 | | By: Blanco H.B. No. 1696 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to the exemption from ad valorem taxation of a percentage |
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| 8 | 8 | | of the assessed value of a property owned by certain disabled |
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| 9 | 9 | | veterans and the amount of the exemption for the surviving spouses |
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| 10 | 10 | | and children of certain disabled veterans. |
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| 11 | 11 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 12 | 12 | | SECTION 1. Sections 11.22(a), (b), and (c), Tax Code, are |
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| 13 | 13 | | amended to read as follows: |
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| 14 | 14 | | (a) A disabled veteran is entitled to an exemption from |
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| 15 | 15 | | taxation of the following applicable percentage [a portion] of the |
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| 16 | 16 | | assessed value of a property the veteran owns and designates as |
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| 17 | 17 | | provided by Subsection (f) [in accordance with the following |
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| 18 | 18 | | schedule]: |
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| 19 | 19 | | (1) 7.91 percent for a veteran having a disability |
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| 20 | 20 | | rating of at least 10 percent but less than 30 percent; |
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| 21 | 21 | | (2) 11.86 percent for a veteran having a disability |
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| 22 | 22 | | rating of at least 30 percent but less than 50 percent; |
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| 23 | 23 | | (3) 15.82 percent for a veteran having a disability |
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| 24 | 24 | | rating of at least 50 percent but less than 70 percent; or |
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| 25 | 25 | | (4) 18.98 percent for a veteran having a disability |
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| 26 | 26 | | rating of at least 70 percent. |
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| 27 | 27 | | [an exemption of for a disability rating of [an exemption of for a disability rating of |
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| 28 | 28 | | [an exemption of for a disability rating of |
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| 29 | 29 | | up to: at least: but less than: up to: at least: but less than: |
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| 30 | 30 | | up to: at least: but less than: |
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| 31 | 31 | | $5,000 of the 10% 30% $5,000 of the 10% 30% |
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| 32 | 32 | | $5,000 of the 10% 30% |
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| 33 | 33 | | assessed value assessed value |
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| 34 | 34 | | assessed value |
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| 35 | 35 | | 7,500 30 50 7,500 30 50 |
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| 36 | 36 | | 7,500 30 50 |
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| 37 | 37 | | 10,000 50 70 10,000 50 70 |
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| 38 | 38 | | 10,000 50 70 |
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| 39 | 39 | | 12,000 70 and over] 12,000 70 and over] |
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| 40 | 40 | | 12,000 70 and over] |
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| 41 | 41 | | (b) A disabled veteran is entitled to an exemption from |
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| 42 | 42 | | taxation of 18.98 percent [$12,000] of the assessed value of a |
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| 43 | 43 | | property the veteran owns and designates as provided by Subsection |
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| 44 | 44 | | (f) [of this section] if the veteran: |
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| 45 | 45 | | (1) is 65 years of age or older and has a disability |
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| 46 | 46 | | rating of at least 10 percent; |
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| 47 | 47 | | (2) is totally blind in one or both eyes; or |
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| 48 | 48 | | (3) has lost the use of one or more limbs. |
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| 49 | 49 | | (c) If a disabled veteran who is entitled to an exemption by |
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| 50 | 50 | | Subsection (a) or (b) [of this section] dies, the veteran's |
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| 51 | 51 | | surviving spouse is entitled to an exemption from taxation of a |
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| 52 | 52 | | portion of the assessed value of a property the spouse owns and |
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| 53 | 53 | | designates as provided by Subsection (f) [of this section]. The |
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| 54 | 54 | | amount of the exemption is the dollar amount of the veteran's |
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| 55 | 55 | | exemption at time of death. The spouse is entitled to an exemption |
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| 56 | 56 | | by this subsection only for as long as the spouse remains unmarried. |
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| 57 | 57 | | If the spouse does not survive the veteran, each of the veteran's |
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| 58 | 58 | | surviving children who is younger than 18 years of age and unmarried |
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| 59 | 59 | | is entitled to an exemption from taxation of a portion of the |
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| 60 | 60 | | assessed value of a property the child owns and designates as |
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| 61 | 61 | | provided by Subsection (f) [of this section]. The amount of |
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| 62 | 62 | | exemption for each eligible child is computed by dividing the |
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| 63 | 63 | | dollar amount of the veteran's exemption at time of death by the |
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| 64 | 64 | | number of eligible children. |
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| 65 | 65 | | SECTION 2. This Act applies only to ad valorem taxes imposed |
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| 66 | 66 | | for a tax year beginning on or after the effective date of this Act. |
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| 67 | 67 | | SECTION 3. This Act takes effect January 1, 2018, but only |
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| 68 | 68 | | if the constitutional amendment proposed by the 85th Legislature, |
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| 69 | 69 | | Regular Session, 2017, proposing a constitutional amendment |
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| 70 | 70 | | authorizing the legislature to exempt from ad valorem taxation a |
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| 71 | 71 | | percentage of the assessed value of property owned by certain |
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| 72 | 72 | | disabled veterans is approved by the voters. If that constitutional |
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| 73 | 73 | | amendment is not approved by the voters, this Act has no effect. |
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| 74 | 74 | | |
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| 75 | 75 | | [an exemption of for a disability rating of |
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| 76 | 76 | | |
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| 77 | 77 | | up to: at least: but less than: |
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| 78 | 78 | | |
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| 79 | 79 | | $5,000 of the 10% 30% |
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| 80 | 80 | | |
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| 81 | 81 | | assessed value |
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| 82 | 82 | | |
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| 83 | 83 | | 7,500 30 50 |
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| 84 | 84 | | |
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| 85 | 85 | | 10,000 50 70 |
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| 86 | 86 | | |
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| 87 | 87 | | 12,000 70 and over] |
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