Relating to deferred payment of ad valorem taxes for certain persons serving in the United States armed forces.
Impact
The bill amends sections of the Tax Code to establish a clear framework for deferring property tax payments for servicemen and women. Notably, it removes the requirement for the deferral to be limited to times of war or national emergency, significantly broadening access. This change addresses previous gaps where military personnel might not have qualified for deferrals during peacetime, effectively allowing them more flexibility and support in managing their responsibilities amidst the demands of military service.
Summary
House Bill 1883 is designed to provide financial relief for persons serving in the United States armed forces by allowing them to defer payment of ad valorem taxes on their property. This bill aims to alleviate the tax burden on active military personnel, especially those who may face difficulties managing financial obligations while deployed or stationed away from home. Under this legislation, eligible service members can defer payment of delinquent property taxes without incurring penalties, as long as they pay the taxes within 60 days after returning to the state or being discharged from active military service.
Sentiment
The sentiment around HB 1883 appears to be largely positive, especially among lawmakers and advocacy groups focusing on veterans' issues. The bill was overwhelmingly passed in both the House and Senate, indicating bipartisan support for initiatives aimed at assisting active duty military members. This consensus reflects an understanding of the unique challenges faced by service members and a collective commitment to offering tangible support during their service.
Contention
While the bill received broad support, some contention may exist regarding the administrative aspects of how these deferrals will be managed by local tax authorities. Discussion may arise around the implications for public funding, given that property taxes contribute significantly to local budgets. Nonetheless, the overall intent is to aid service members without disproportionately affecting public revenue streams, a balance that will be important to monitor as the law is implemented.
Relating to the issuance of state parklands passports to and a waiver of certain state park fees for certain veterans, active duty armed forces members, and certain family members of a person who died while serving in the United States armed forces.
Relating to service requirements of certain current or former members of the Texas National Guard, the Texas Air National Guard, or a reserve component of the armed forces of the United States for tuition and fee exemptions at public institutions of higher education.
Relating to the issuance of state parklands passports to and a waiver of certain state park fees for veterans, active duty armed forces members, and certain family members of a person who died while serving in the United States armed forces.
Relating to the authority of the owner of a residence homestead to receive a discount for making an early payment of the ad valorem taxes on the homestead.
Relating to an exemption from ad valorem taxation of a portion of the appraised value of tangible personal property that is held or used for the production of income and a franchise tax credit for the payment of certain related ad valorem taxes.
Relating to the rate at which interest accrues in connection with the deferral or abatement of the collection of ad valorem taxes on certain residence homesteads.