Texas 2021 - 87th Regular

Texas House Bill HB3070 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	87R8122 RDS-F
2	2	By: Ellzey H.B. No. 3070
3	3
4	4
5	5	A BILL TO BE ENTITLED
6	6	AN ACT
7	7	relating to the amount of the exemption from ad valorem taxation to
8	8	which certain disabled veterans and the surviving spouses and
9	9	children of certain veterans are entitled.
10	10	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
11	11	SECTION 1. Sections 11.22(a), (b), and (d), Tax Code, are
12	12	amended to read as follows:
13	13	(a) A disabled veteran is entitled to an exemption from
14	14	taxation of the following applicable [a] portion of the assessed
15	15	value of a property the veteran owns and designates as provided by
16	16	Subsection (f) [in accordance with the following schedule]:
17	17	(1) $20,000 for a veteran having a disability rating
18	18	of at least 10 percent but less than 30 percent;
19	19	(2) $30,000 for a veteran having a disability rating
20	20	of at least 30 percent but less than 50 percent;
21	21	(3) $40,000 for a veteran having a disability rating
22	22	of at least 50 percent but less than 70 percent; or
23	23	(4) $48,000 for a veteran having a disability rating
24	24	of at least 70 percent.
25	25	[an exemption of for a disability rating of [an exemption of for a disability rating of
26	26	[an exemption of for a disability rating of
27	27	up to: at least: but less than: up to: at least: but less than:
28	28	up to: at least: but less than:
29	29	$5,000 of the 10% 30% $5,000 of the 10% 30%
30	30	$5,000 of the 10% 30%
31	31	assessed value assessed value
32	32	assessed value
33	33	7,500 30 50 7,500 30 50
34	34	7,500 30 50
35	35	10,000 50 70 10,000 50 70
36	36	10,000 50 70
37	37	12,000 70 and over] 12,000 70 and over]
38	38	12,000 70 and over]
39	39	(b) A disabled veteran is entitled to an exemption from
40	40	taxation of $48,000 [$12,000] of the assessed value of a property
41	41	the veteran owns and designates as provided by Subsection (f) [of
42	42	this section] if the veteran:
43	43	(1) is 65 years of age or older and has a disability
44	44	rating of at least 10 percent;
45	45	(2) is totally blind in one or both eyes; or
46	46	(3) has lost the use of one or more limbs.
47	47	(d) If an individual dies while on active duty as a member of
48	48	the armed services of the United States:
49	49	(1) the individual's surviving spouse is entitled to
50	50	an exemption from taxation of $20,000 [$5,000] of the assessed
51	51	value of the property the spouse owns and designates as provided by
52	52	Subsection (f) [of this section]; and
53	53	(2) each of the individual's surviving children who is
54	54	younger than 18 years of age and unmarried is entitled to an
55	55	exemption from taxation of a portion of the assessed value of a
56	56	property the child owns and designates as provided by Subsection
57	57	(f) [of this section], the amount of exemption for each eligible
58	58	child to be computed by dividing $20,000 [$5,000] by the number of
59	59	eligible children.
60	60	SECTION 2. This Act applies only to ad valorem taxes imposed
61	61	for a tax year beginning on or after the effective date of this Act.
62	62	SECTION 3. This Act takes effect January 1, 2022, but only
63	63	if the constitutional amendment proposed by the 87th Legislature,
64	64	Regular Session, 2021, authorizing the legislature to increase the
65	65	amount of the exemption from ad valorem taxation of property owned
66	66	by certain disabled veterans and the surviving spouses and children
67	67	of certain veterans is approved by the voters. If that
68	68	constitutional amendment is not approved by the voters, this Act
69	69	has no effect.
70	70
71	71	[an exemption of for a disability rating of
72	72
73	73	up to: at least: but less than:
74	74
75	75	$5,000 of the 10% 30%
76	76
77	77	assessed value
78	78
79	79	7,500 30 50
80	80
81	81	10,000 50 70
82	82
83	83	12,000 70 and over]