Texas House Bill HB3498

Texas 2017 - 85th Regular

Caption

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.

Impact

If enacted, HB3498 would directly affect existing statutes concerning property taxes, specifically in terms of how they apply to veterans' benefits. The amendment would ensure that surviving spouses of completely disabled veterans retain the same tax exemptions available to the disabled veterans before their passing. By doing so, this legislation aims to provide continuous financial assistance to those who have already made sacrifices through their service to the nation and the subsequent loss of their spouses.

Summary

House Bill 3498 proposes an amendment to the Tax Code, specifically geared towards providing an exemption from ad valorem taxation on the total appraised value of the residence homestead for surviving spouses of 100 percent or totally disabled veterans. The core intent of this legislation is to alleviate the financial burden on eligible surviving spouses, allowing them to maintain their residence tax-free, thus supporting their stability and independence following the loss of their spouse.

Contention

Discussions surrounding HB3498 may feature a range of opinions, especially regarding its fiscal implications for local governments that rely on property taxes for critical funding of services and programs. Supporters are likely to argue that the measure is a necessary and deserved benefit for veterans' families, while detractors might raise concerns about potential losses in tax revenue that could impact public services for all citizens. The bill's success may hinge on finding a balance between supporting veterans' families and ensuring responsible fiscal management at the local level.